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Post by Spiderman on Feb 26, 2017 7:41:38 GMT -5
Congrats Blygh.
I'll ride MTG long.
Spiderman
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ira85
New Member
Posts: 837
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Post by ira85 on Feb 26, 2017 19:52:38 GMT -5
Congrats blygh!! Alone in the black ink!
My URA had the biggest 5 day loss of all the un-leveraged ETF's tracked by ETFscreen.com! I really know how to pick 'em!!
Being a slow learner with no better ideas, I'll ride this URA nag again long. It may be over-sold and ready to resume the rally making a double bottom. -ira
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Post by tiarra on Feb 26, 2017 19:58:35 GMT -5
Congrats, Blygh
ACIW long, stop at 19.75
It is a low volume stock, but apparently they can move! lol
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Post by blygh on Feb 26, 2017 21:06:06 GMT -5
The drop in DICC is consistent with a theory that professional traders only hold a stock so long as they have a "knowledge advantage" - i.e. that they have proprietary research which justifies going short or long. Once earnings are reported, the advantage evaporates and the stock is sold off. To test this theory I am going to see how earning reports affect the price of a few stocks with which I have some familiarity. ALB PODD BSM RAIL BEL all report this week - we will see what happens
Blygh
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Post by tiarra on Feb 27, 2017 18:03:01 GMT -5
I think the best way to trade earnings is with an options straddle. I just haven't figured out the exact best time to get in. One month out is too long and one week before is too early.
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