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Glad I got into some V (Visa) back in the depths of darkness last march. It has a great moat as far as businesses go. The best thing to do is be the toll collector and let someone else worry about the drivers on the road
Just wanted to put out an "I told you so on these guys". A few ppl quoted me and made fun of me, i bought a position in early February when it was $15/share. 21.5/share as of today....I'm just saying
OK, here's my one for March, PLXT. It closed @ $5.90 on Friday up 10% on the day...the kicker?? The volume was 4 times normal average!! It triggered a volume surge alert on my platform so I got in at $5.50 and hold. Now, I know nothing about the company and don't care, it's purely a momomentum play. My charts say she sees $7-$8 by month end, we'll see
Seems like you may have called this one pretty bad (you have 4 more trading days for this to go on a huge rally though).
Then again, I cant imagine why you thought a lower volume stock with a 1 year target estimate of $6 was going to gain $2.50 in a month. It was clearly riding a crest at $5.90 after a week of heavy volume trading (unfortunately sheep follow trends), and was almost certainly going to settle out closer to $5.50-$5.75 when volume inevitably returned to normal.
Glad I got into some V (Visa) back in the depths of darkness last march. It has a great moat as far as businesses go. The best thing to do is be the toll collector and let someone else worry about the drivers on the road
I purchased V when it was public. Back at 64 a stock. I was going to buy more last summer but couldnt due to other money plans. I'm seriously considering selling it now but everything im reading states it is a strong buy.
i dont know about him but UUP has reached 24. Though it still has upside, once UUP reaches 25 markets will start to become more volatile...
thats a correlation i normally use to trade//
I just looked at the price of call options for UUP. The prices for these do not suggest much volatility in the next two months.
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