when did Keurig start selling reusable fikters for breweing your own?
I'm actually considering going long for a few weeks, especially if it breaks hard on Monday am. Pick it up on the bounce and stay long as long is it holds the entry price. But hopefully for a 15-20 dollar run into earnings. It's now broke thru the 50 dma for the second time. Stocks that run as strong as this one will breakthru 3-4 times before finally falling apart. And there will always be a catalyst, some bad news that comes from the company. With NFLX it was the raising of the rates. I haven't heard anything new from the company to make me think that this is the final drop. Especially after all the negative news on CNBC/media...just setting people up for some more short squeezing. - PJ
Thanks. I have considered the possibility of a run into earnings and positioned myself to profit from one. Having said that, while I "reposition", I haven't ever changed my core position on any of these stocks. I believe the LT direction is down from here. So, if it runs hard into earnings, I will adjust my strike and add to my position there. I don't mind being down a little along the way.
Truth be told, I will be trying a new strategy the next few weeks. I have a gut feeling about a new pattern I've seen emerging of late. If I'm correct, I'll make a bunch more. If I'm wrong, I'll give some upside. Next week should be interesting.