Unloaded a bunch of this stk in the 90s about a month ago; bought back last month at 73; just unloaded a bunch again at 85; will buy back when it hits low 70s again. Anyone else playing this game; IT IS FUN!!!!!!!!! Best trading to all
Yeah, I did the same thing with XM Satellite last year. It would peak at $40-$43 and dip to $28. I bought the dips and sold the peaks about five times. Finally, I bought on a dip that kept dipping. I finally sold at $20. The stock is now trading at $10 or so.
Gee- I wish it had hit 90 a month ago! I bought at 88 just before it hit earnings last quater- saw it slip all the way down to 70---rode it back up and now wondering if I should sell pretty soon just to be even!
IN my short experience with MRO, my view point is get back in after earnings--- and watch it for while before pulling the trigger.