Let's be careful folks. This is moving a little too fast. Up 22%. Maybe time to buy a few puts. Or maybe take a little more off the table. Took a lot off the table already.
Will it break 70????
AAATILES- Have a good day. Leaving tomorrow morning for the SS Egg Salad.
This thing is exceeding all expectations. We really need to be careful. I am a bull, but this thing is a bull on steroids.
Where are all the people declaring this thing is going under?
We will see some volatility in the upcoming days. People taking profits, others trying to jump on the wagon. Overall trend is going to point up through this summer. But it will be bumpy. Volatility=money.
I wasn't lying. I held no position in ESI until I decided to go with the herd on Thursday. Bought some shares at open, rode the wave up, sold and bought some Oct 35 puts. Why not make some easy money with the rest of the world. Still think there is something wrong with ESI, which is why I bought ESI puts for Oct. expiration. We'll see.
only plowed 10% of the gains today into Oct 35 puts, still had over 10k left in gains after that for the day.
Long PBR. now short ESI, but only 15 puts.
we shall see.
getting ready for the real estate walkthroughs tomorrow.
Just got back in after a big night. I am going to be out the next few days, but wow. What a day.
aaatiles- be careful buying the puts. Returns are finite. Find a growth stock, especially in todays market. Stocks are coming back. Now is the time to go long. Potential returns are infinite buying calls. I hate to see anyone make bad moves.
Someone earlier talked about me buying in the 70s. I did and I lost some money on these shares. Pretty big money. I am not perfect. But believe me, I have more than made up for those losses picking for-profit education stocks to go up, just like today. I love America. God bless America.
Better to keep it simple and speak of students in the seats come next CC. It's what they've done in the past, no need to change.
BTW speaking of students in the seats you find anything wrong with the increase in enrollment? What am I thinking? Of course you will!
Will listen to the CC over the weekend. Taking applications is not the same as actual funding. If they meant the applications were approved AND the loans are being funded, management would have said that because that would be spectacularly good news. But no, the phrase "taking applications" sounds good to the analysts and investors.
Egg, I figured I should go with the herd today and bought 2,000 shares at open at $62.24, sold before the peak at $68.37. So, $12,260 profit (less $20 commissions).
Still don't think at 52 X book value that ESI will make it past 2Q, so, plowed $ back into it by buying 15 Oct 35 puts at $1.10 each (less $10 commission)
Still had $10,580 left over today.
As I said, I have plenty of time for this one...
Hello Don't make your investment decisions based on AAT1LES poster opinion. I lost money, by selling ESI, based on the information he provided. GL.
AAT1LES, be honest ehen you post messages on this baord. Don't confuse with wrong info...
You told that you do not have short or long position, you are bearish on ESI because you do not want others to spend money in ESI. Seems like you do tell the truth on this baord.
GL aatiles. I trusted you and sold ESI early...