coachmike
Long

$EMES Long Position Updates

NYSE:EMES   EMERGE ENERGY SVCS LP
34 1 0
After closing last week above $64.15 myself and other members of #thecoachsroster @ http://www.winningstockcoach.com will be using the price of $57.48 as a point not to stop out of our new long positions, but rather as an ITM             puts buy for some protection on them. Once we see the reaction to price point $77.78 we will look at taking some small profits via covered calls. Though I'm not quite ready to falsely convince people that I think it will go on to new all time highs, I am pleased with an over 50% return in only 2 weeks and feel right now is NOT the time to be chasing this stock . I fully believe that eventually you will get another good buying opportunity in the low to mid $50 range.
coachmike
2 years ago
Feel free to use this video I provided to members of The Coach's Roster newsletter for further information regarding my view on this entire sector. https://www.youtube.com/watch?v=dS9IFZhycRM&list=UUjeZ-Atv8dmk25Tlqf9cXUw
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