HERE IS MY PROBLEM WITH WOLF. CAUSE I LIKE IT. ON A CHART WOLF IS IS MUCH STRONGER THAN BLDR IN MANY WAYS INTERDAY AND OVER THE PAST FEW WEEKS BUT THERE IS A HUGE RED BAR AND AN ATTEMPTED LOW AT $42.60 8/17 AND HE STK JUST DRIFTED AFTER THAT SO THIS RUN CAN STOP AT $43 WHICH IS JUST A FEW DOLLARS AWAY.
It's pricey, thats for sure. Long term its a winner, but they have the estimates jacked way up. One little glitch and it'll get hammered. Risky play for earnings. VEEV that is.
I'm not proud of it but these are lessons for all- I got shaken out of SNAP. It was in the $11's I'm embarrassed to say. And why? Well it took a sudden dive and $8--$11 felt lie a large move for the name.. but it was a classic shake and bake and yours truly got baked.
And it was perfect timing. Made 5% What I say when it bottomed? Nobody can read a chart and incorporate the macro like the kid.
JUST TO SHOW WHAT AN ASS YOU CAN BE>>> HERE YOU ARE SHORTING ONE OF MY IDEAS AND THEN MAKING A SAD FACE AT $8 AND COMING AFTER ME AGAIAN.... OH THE CHILDREN SAD FACE.. HOW MANY TIMES HAVE I TOLD YOU THE STKS TAKE OFF RIGHT AFTER THE INVERTED VAN SCAN!! FOOLIO THIS ALL TRACEABLE... DON'T DO THIS TO YOURSELF (AGAIN!)