This pattern is just too juicy. I still think we can get 28 on fsh. I added another 4500 at around .2 this morning. It hurts to be down 6k on the open. But I can suck it up. As a function of discipline, I sold a few at .9 when it went back up there. I will readd lower if it does trade down. I intend to trade around a "core" position of about 6-8k. My conscience just told me to give you a heads up if you are indeed in this. I hope you didn't stop out. It is just too perfect looking, and I'll add more lower. Good luck, and do your own dd.
Looks like FSH paid very well. Did you load the boat at 24.2? What a bounce! Are you considering MCLD? Thanks
I don't like mcld cause it just isn't oversold enough. If it dropped to like 3 or 4 in the next day or 2, i'd be very interested. On fsh (and I hope you all played), I unfortunately had 6500 from 25.2 avg. On the open I took 3k more at 24. When It proved itself, I took a few more k at around .4. I sold all at 25.7 and 26.05. I will reenter on monday though cause the move probably has 2 more pts to it. I will use much smaller size (4k?) and forget about them for a few days.
P2, I didn't play FSH Friday. Was afraid because of the news of the secondary offering. I admire you for sticking with it, after the drop on the opening. It does look like a juicy play on Monday (5/7). I played NOI Friday successfully, as well as an intraday "dumper" - HSP, traded it two times, at first unsuccessfully, then after it REALLY dropped, made up my loss and then some. I use traderbot to look for these intraday dumpers. - I probably will be with you with FSH on Monday.