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Apollo Education Group, Inc. Message Board

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  • jeremysikessr jeremysikessr May 15, 2009 4:18 PM Flag

    Taking my profits and short APOL in AM

    wallisweave

    Look at the fall after initial pop of the day

    Thats my content

    Closed position

    thanks for the profits

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    • "Look at the fall after initial pop of the day. Thats my content"

      ***

      Recapping stock movement hardly qualifies as content.

      And you didn't even get the recap correct. The stock was down on open and then moved up almost 90 cents. The biggest move of the day was this move up and not the subsequent move down that you commented on.

      But regardless, it's impossible to get excited about a 90 cent move on a 60 buck stock. The stock finished down less than a percent after a big move up yesterday. You think this justifies your short stance on the stock?

      I don't think I've ever heard anyone crowing about such a small movement in a stock especially since there was a bigger one in the opposite direction.

      The real news for the week is that shorts guessed wrong and got hammered. There's no way to spin it by parsing intraday stock movements...

 
APOL
8.96-0.01(-0.11%)Jul 27 4:00 PMEDT