I see this one making a big move on earnings, going to pretend to be an optimist, went long on it yesterday, 1k shares. Either double top or back to previous support.
Didn't get a chance to post it yesterday since I hit my 10 post limit. The movement on earnings will dwarf any movement from Fed press conf today, so I got in early.
Didn't get a chance to post it yesterday since I hit my 10 post limit. The movement on earnings will dwarf any movement from Fed press conf today, so I got in early.
Comment:
I think this one is going to get a pre-earnings bump tomorrow, doubled up on the dip, plan to sell half before market closes tomorrow.
Comment:
I'm looking at the last quarterly report, it's really hard to figure out where this is going because they acquired a company last quarter and took related charges. Sticking to the plan of dumping half and doing an earnings bet with 1k shares.
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Added 1k shares yeasterady and dumped it today so this will have to go below $8.4 for me to lsoe money on this trade. I think it;s headed up, but who knows.
Trade closed manually:
Sold AH at 10.35, done looking at this.
Made up for my loss on MERC, at least I came out ahead this afternoon. Decided to jump in on BGS and SPCL this afternoon, I think both have more potential than ZIXI.
Made up for my loss on MERC, at least I came out ahead this afternoon. Decided to jump in on BGS and SPCL this afternoon, I think both have more potential than ZIXI.
Comment:
This is why I sold AH yesterday....
Stocks have a tendency to close the gap quickly in a down market. Like I said yesterday, BGS was the only stock that was worth chasing.
Stocks have a tendency to close the gap quickly in a down market. Like I said yesterday, BGS was the only stock that was worth chasing.