2 days in a row, wow. I was trading him today. Someone is selling it big time or the specialist is getting short.
better yet are you long "FLML"? Good call on "BBI" looks like it could touch 19.00 and break below the 40-day line.
Surfer what kind of time horizon are you looking at? No offense but this stock is in an obvious uptrend at the moment. I'm just a dumb trend follower so it seems like a risky short to me. Is there a particular strategy that you are using that would give you a sell signal on this stock? I will most likely be going long this stock for a multi-day trade in either the underlying issue or options, or both if the bears continue to have issues sinking it over the next few sessions. (although my size will be low due to lack of confidence in broad market for continued move north). Thanks and goodluck, -TD80
i am still short BBI despite the up move today. i have a wide 3 point stop on the entry and am expecting sub 15. we will see... best, surfer
Copy that surf, as always this baby could go either way! If I see real selling in the next few sessions I'm out and you can take it down, otherwise I'm gonna have to squeeze ya! . May we both exit with a profit! -TD80
We've got selling today in BBI, if buyers don't come back at this thing near the end of the day, I'm looking to exit either today or tommorow with unfortunately less profit than I had anticipated, but that's the way she goes. Will update later. Goodluck, -TD80