• John R. Conway
    $CAT beaten down name up today. Doing some dip buying, I like the name for a short term trade at $82. Bought Feb 14 call @ $3.60
    9/4/13
    Reply (4)
    • Trader's Profit Compass: i have the flip side of your trade; we should know who is right pretty soon. Nov 75 PUTs
      9/4/13
    • User7766461: True this CAT may fall Surely he will land feet first As is their nature And yes, that was a haiku
      9/4/13
    • John R. Conway: We both could be right, but in the short term this is a play on a technical bounce of mid $82 as the stock is moving to a higher low
      9/4/13
    • John R. Conway: Closed $CAT Feb call @ $4.20 slightly over a 19% gain
      9/6/13