I re entered a short of 1500 shares at the $128 range. Covered 500 shares at $120 range. Still Short 1000 shares of SSYS. Im doing just fine. Ive recovered previous short losses and whole lot more now. Add in my DDD short from the a few months back and Im up allot for the first 2 months of 2014.
I may not be able to trade as much for awhile. Ive begun a new project and looking for a piece of land now as well. Im looking for 75-90 acres to develop eco friendly homes on. I like that geo thermal / solar stuff. :)
Not all gaps fill stock girl. But most do.
Let the head & shoulders pattern fully form. Buy on the bottom of the right shoulder for a play if you want to take that risk. or just wait and see where it goes from the right shoulder bottom. It may just keep heading south for months.
If you read my posts… I closed it awhile ago.
And yes I did lose money. Not my testicles.
At this point I would tread careful with DDD. If you have gains consider taking half off the table. This report should have dropped DDD. If I said - my future outlook is going to be finiacially positive, I may be right, I may be wrong.
Earnings per share & revenue should be the true guidance. Not what the future may do.
I can stand the heat. Im not whining. The report and the stocks 5% jump is odd.
The stock is going to rise due to future revenue projections. Im still baffled at missing earnings and revenue and we rise so much in pre market. But then again the market is rigged like a court room now.