I'm short Ericy

Discussion in 'Trading' started by heilbronner, Feb 11, 2004.

  1. OOPS! Did you mean you were short @28.91? Looks like that was the low today. Man, that's gotta sting.

    ERICY hasn't traded at 29.91 that I can see. Looks like it is hitting 52week highs right now. Not the best time to short IMO. Good luck.

    Ericsson L M Tel Co (NASDAQ NM: ERICY)
    29.68 +0.76 +2.63%
    Data as of 3:02 PM ET 2/11/04
    Chart: 1dy 5dy 1mo 6mo 1yr 5yr

    Open High Low
    29.38 29.80 28.91

    Previous Close Bid / Size Ask / Size Dividend
    28.92 29.66 x 400 29.67 x 300 n/a

    Market Cap Shares Outstanding Price/Earnings Ratio
    45.9 Billion* 1,547,603,968* 141.33

    52-Week High 52-Week Low Today's Volume
    29.38 5.20 6,172,650
     
    #11     Feb 11, 2004
  2.  
    #12     Feb 11, 2004
  3. I don't agree with you. Take a look at SNDK or JCOM. They were also trading at all time high about 3 months ago. It depends on your style of trading and what you see.

    Also good luck to you.
     
    #13     Feb 11, 2004

  4. Ericy @ 29.00 right now in pre- market action. Are you with me, pisspotpete???
    Probably you won't see that quotes in your data. Probably you are still sleeping right now, which is OK for an US resident.
     
    #14     Feb 12, 2004
  5. We have seen 28.90 right now. Already down some 2.9%. IMHO more downside within the day during US trading hours. Stockholm has shown some serious profit taking.
     
    #15     Feb 12, 2004
  6. Are there any Swedish daytraders here on ET specializing in trading ERICY in Stockholm?
     
    #16     Feb 12, 2004
  7. I cover the rest @ 28.63.
     
    #17     Feb 12, 2004
  8. Trade done. In all there is a profit of 2.6%+ 4.2%, which results in a total gain of 3.4% in Ericy within 2 days.
    Do you think this was luck?
    :D
     
    #18     Feb 12, 2004
  9. savage

    savage

    Big Deal.....I'm up 24% Long Nokia in less than a week.
     
    #19     Feb 12, 2004
  10. Maybe, but you didn't post it in RT here on ET. That's the difference.
     
    #20     Feb 12, 2004