ive stayed away since earnings, why i chose yesterday to go long calls, looked like a break out in the making, then this mornings slaughter. i knew better then to touch this stock. its a shame when the company itself, represents everything that would be considered a solid investment, great growth and a virtual money tree.
and yet, these dang bear raids to knock down in one single 3 minute bar, what took weeks to create. when gains can be wiped out that quickly on a whim, it makes it really hard to take a long position in a company that should be getting wallstreets respect, wallstreet should be applauding this stock and what it has accomplished as a company.
what ever....ive been spanked before. It takes precision trading to make some great gains here in the market, then to get knee capped by a cheap shot.
thank god the rest of the market doesnt get hammered like this one does.