Week of 29 August thru 2 Sept 2016

[blygh]

Out of the gate and into the far turn

Rider	Horse	Open	Latest	Gain/Loss	Percent	Stop	Limit	Rank
Tiarra	AMBA short	69.60	70.54	+0.94	-1.35%	73		6
Ira	LMT	245.00	244.30	-0.70	-0.29%			5
SD	CYBE	19.75	21.56	+1.81	+9.17%			1
Spiderman	UNT	16.99	17.51	+0.52	+3.06%			2
Blygh	MYOK	21.55	21.84	+.29	+1.35%	19	23	3
Market	SPY	217.44	218.34	+.90	+0.41%			4

SD TAKES THE LEAD WITH SPIDERMAN AND BLYGH IN PURSUIT

[tiarra]

I meant to put short Of course AMBA is up today

[sd]

Gollee! I tried to Buy some Amba today, but it didn't pull back.
Did get MYOK $21.25 fill. Didn't even consider CYBE, Friday move was too wide- expected it would come back- UNT looks like it wants to breakout higher -CHART IN THE STRATEGIES FORUM

[blygh]

While I do try hard to follow the guideline - Do not buy on Monday morning - sell on Monday morning - I did pick up some CYBE enough to turn a quick profit .  I am shy about AMBA  - with 22% of the shares shorted - that is enough for a classic short squeeze.  Any rise in price could send the short sellers into panic cover mode driving the price up.    

Blygh

[sd]

Good that you made some profit on CYBE! I saw that large move on Friday, chose it for the Race, but did not have the heart to place an order for it Sunday pm .Seldom get real time to view the markets.
Good advice about high short interest,going into earnings. Amba has doubled since May.potentially a lot of upside left to that 100+ past highs- if earnings look good{/font]I may wait and use a higher-Buystop for an entry post earnings.

[tiarra]

Just a reminder, AMBA has earnings Thursday. I really need a new strategy for this race. Stocks with earnings don't behave well!

[blygh]

It is OK Tiarra - you have become my favorite contrary indicator- I really think that AMBA is caught in a classic short squeeze

[blygh]

INTO THE BACK STRETCH

Rider	Horse	Open	Latest	Gain/Loss	Percent	Stop	Limit	Rank
Tiarra	AMBA short	69.60	72.18	+2.58	-3.71%	73		6
Ira	LMT	245.00	239.45	-5.55	-2.27%			5
SD	CYBE	19.75	20.31	+0.56	+2.84%			2
Spiderman	UNT	16.99	17.51	+0.52	+3.06%			1
Blygh	MYOK	21.55	21.96	+.41	+1.90%	19	23	3
Market	SPY	217.44	217.99	+.55	+0.253%			4

Lead Change - Spiderman now in front by a head as SD slows - Blygh chasing

[tiarra]

I am just trying to give you all a false sense of security.

[tiarra]

Watch me get stopped out tomorrow and AMBA will tank Thursday!

[sd]

You may be right Tiarra ! Amba gapped up a bit on higher momentum today- and it's not basing sideways pre earnings. Short squeeze? Big expectations into earnings?

[blygh]

   
Into the clubhouse turn _ 

R  ider	Horse	Open	Latest	Gain/Loss	Percent	Stop	Limit	Rank
Tiarra	AMBA short	69.60	72.04	+2.44short	-3.51%	73		6
Ira	LMT	245.00	242.97	-2.03	-0.29%			5
SD	CYBE	19.75	20.21	+0.46	+2.33%			1
Spiderman	UNT	16.99	17.09	+0.10	+0.59%			3
Blygh	MYOK	21.55	21.88	+0.33	+1.53%	19	23	2
Market	SPY	217.44	217.38	-.06	+0.00%			4

SD is back in the lead and Blygh moves into second place 

[sd]

Hey Tiarra,
Your call was almost prescient-Amba finally put in a red day today and dropped back intraday to a low near $69.00 The high on stockcharts was $72.99 ! Can't call it any closer than that!
Hope tomorrow's earnings get you the reversal you're looking for!

[tiarra]

AMBA's high for the week, so far, is 72.99! Wow! One penny from being stopped out. The earnings were mixed, so it isn't moving big either direction....

[tiarra]

SD, I basically reworded your post.