I didn't issue a report or anything like that because there are only two people (three actually) who have seen my Cray report (and I doubt they even read it).
But just for the record, I looked to close the position at $25.50.
Time will tell how propitious that was, but I figured I'd take the money and run.
The report came out when the stock was trading around $35, but I would have looked to short it when it was trading above $40 on the gap from its 4Q earnings.
Timing is incredibly hard in the research game because it takes time to build the case and construct the report.
No comments:
Post a Comment