i trade v, ma, and ua since IPO, profit, profit, profit...i still hold some of them. i am one of those people that want to make quick bucks as well as the long term appreciation.
NKE had a great q report, NKE PE is over 20, we all know NKE shoe/cloth/watever are not cheap, people have money to spend. UA's pe is over 50
AXP had a good earning result, made some profit there, expected V would do the same, but in this case = NO, MA at least the share price is flat, made a tiny profit there. for V to down $8/$9 ???
bought quite a bit when KORS was under $72, I bought more 2 days ago.
should i still continue to "chase" it or should i just do an option spread (cheaper?)