We need this stock to stay above $17.40, period. Not for any financial reason, but just to not have to listen to sfvip2319 every time it swings down a few points. Only he does it the next morning as if he is some big insider.
Looser with no real information.
What is a Forrest? You might be right or you might be wrong. To make money consistently with trading, you have to get three variables right in an environment where it's hard to get one right. The three variables are price, direction, and time. I know everyone who looks at a chart and makes a few profitable trades starts to think that they are special trader. A type of seer that can sense the direction where others can't. The worst thing that can happen to a want-to-be trader is to have his first few trades make money. From then on, he's trying to read tea leaves to divine the future stock market action. The lucky or smart ones will switch investment strategies before they lose too much money.
You were dying to finally type that BS after a month of this just going up and up weren't you? And watch this close above $18 by this week. Mark it
TA is coming down to the base price range of $15.50 to $16. between now and June 1st.
If I am lucky, the market will take it down to $13. No kidding.
Look, TA is just one tree in a big Forrest. The Forrest is affected by fire, wind and water. TA will be affected too.
We are in a period of correction in the next few weeks. My opinion is the market is going down by 8% to 10%. $13 for TA is highly possible, but you need to be quick.
Long term I agree with you. I own a lot of TA, HPT, TANN and TANO.
There are plenty of time to play this stock. I have been #$%$ this for three years now with TA. Of course, I have missed the top top and bottom bottom. As a trader, I am fine with it. Net net I am happy with my trading track record on TA.
Hope you took profit on the extra premium above $17. Don't worry, it will happen again in the next quarter, if you missed it.
Sell above $17.
Buy below $15.30.
Sentiment: Strong Buy
17.82 in the after hours. I know it may not hold but it is a good indication that this puppy may be going higher. I am betting 22-23 by end of 2015. That is only about 2.5%
I donate to The Green Beret Foundation. Is that OK with you? It is a great foundation that takes care of the men and their families.
If it goes up 7 points tomorrow, give me your address so I can mail you a check for $500.
OMG, I wasn't paying attention! Please tell me what your crystal ball says Monday morning so I can put in my sell limit order.
And this is your final lesson because I am a nice guy.
TA is a high beta stock. This means that on good news, it will jump up more than average. On a correction or bad news, it will drop down a lot more than an average stock.
This is why I predict that TA will hit around 13.50 but you will have to be quick to catch it. Stress sale will not last long.