coachmike

$EMES Long Position Updates

Long
NYSE:EMES   None
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.