I bought some QD at the Open $13.00 plus added more at $13.9, its holding out well if your in to that.
I tried to get $10, did not sell at $9.08 but did something your not suppose to do, I Averaged Down and sold Covered Calls for a Hefty Premium while we traded above $9.50. I was short on QD(China Mirco Lender) Friday and covered because my best friend made Millions selling the PIPES after the Stock Market Bubble-Housing Crash. He loves it QD, told me on Friday to get out of my Short Position, nice guy!
Well, we both were right about QD as well as my intuition QD had crumbled too fast over the fickle Chinese Regulators. When Jack Ma is involved its not hard to fall in love with a stock, wonder if its gonna take out take out all the Shorts? Its gonna take out its intra-day high, did post when you could buy at $13.8 or lower, look at time line.
SQ is a bull in a big way from here. Long the outright from 40.66. Short the Jan $40 put for 3.10. Short the Dec $45 call for .97.