Was I close to the range that you bought in? I looked at the chart for 8 Dec and that is how I came up with that number.
I am glad to hear of someone mais king money trading. Whether it is on the short side or long side. I am just glad to hear. I am long and have my reasons for my thoughts However this stock seems to bump it's head at the 6.15 level or so. It seems to be a lot of resistance there over the past few months. I think if we break that we can go quite a bit higher. I am just speaking from how I think the stock has behaved. But what do I know.
If I can sell at 6 dollars right after earnings I will. ( I can not sell right now for other issues) If it is at 6.25 and earnings are good then I will hold longer as then I think it has room to move and it is beyond that 6.15 6.20 point.
Just my 2 cents.
Also keep in mind that at this next quarterly conference call (2 Feb) is usually when they give the guidance for the coming year (2012 guidance) So this is probably the most unpredictable time to sit and hold if you are a short term trader. It could really pop one way or the other if guidance is out of line with what the street expects. WHo knows what the street expects on annual guidance.