Anyway, if you are not in it yet. Wait for next one. I think people may be selling it at 12.s
Johnson,My #2 rule: I met 12.5% profit. I take 1/2 off. Then if I get 25% gain, take another 1/2 off.
for the record, i think we have a real tight trading range, and i am reluctant to go big ahead of the fed meeting Friday and ECB comments next week. I am thinking (gasp) volatility is going to be a good play on the long side, something like VXX.
never hurts to take some money, but what else do you have in mind?
Probably will go higher for a few more day when shorts chase the shares, Johnson. I also found some other opportunities. I want to test the water.
shoot that, i think we have at least until Thursday for more money to be made on MCP. Once we get a solid short cover a 20% up day is not going to be out of the question.
Take 1/2 off if you want to do so. Again, profit it profit.25% left at 27% gain. Take care.
Thanks Duy. Keep great post coming.
np. MCP seemed to be a real thing. Wait to see short running around hunting for shares. Still have at least 30-35M shares shorted that not yet covered.
i guess i didnt see it, but thanks for the info. Ill take that into account and just hold a while.