Is this news a game changer for ya?? Are you reflecting somewhat on the 5000 short? Will you short more?
Guess this was unexpected given your trades over the last few days. I know you have made $170K so that softenns everything. What else though? What will you tell your investors at the next luncheon?
No you have to expect this movement and with such a large BETA I feel this has all been underperformance with respect to the markets. Yes I did measuredly add another 1000 today, so maybe I will get this play all over again. That would be incredible to do this three times in a row...you have had your run if you do not take this gain in such a short term you definitely deserve to lose it. Just like I sold my Apple and now I am short apple at $460. $75 in 9 days, seriously amazing! (I did not get the full $75 hehe)
To my chagrin, I have to go with wes here. I lightened up this a.m. on the pop over $77 and took good profit from the 70 level. Look at the sell down on APC this morning after announcing great results. APA has hit overhead gaps and upper bollinger, probably time for a buyable pullback into $73-$74 level.