NASDAQ:ERIC   ERICSSON ADR EACH REP 1 ORD'B'SEK1
Earnings more or less in line with expectations so it got punished, lol.

Snagging couple thousand shares for my 401k here under $9.5, expect it to head back to $10 area within a couple of weeks.
Jul 17
Comment: Edit: I meant $8.5 and target of $9, oops.
Jul 18
Comment: First of all, the ADR got punished more than the underlying stock listed in Stockholm, which is why I went all in on this...

Anyways, I expect MSFT to beat AMC today, we get a pump tomorrow. Probably closing this position out on open (or premarket) tomorrow.
Jul 19
Trade closed manually: Sold everything, made decent money despite holding 1k shares through earnings, wound up loading the boat with 5k shares Wed aft/Thu morning. Taking the easy money and running.
Jul 22
Comment: Anticipating a double bottom on this, we'll see where it goes.

Comments

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