Seeking Alpha
  • MershoBoi
    and PCLN is back to action!
    4/12/12
    Reply (17)
    • OneLongTrade: PCLN has a large gap at $600, I think it fills it after earnings. 2 significant down days warrants this bounce.
      4/12/12
    • OneLongTrade: I don't think it's going much higher for now, there's better places to park money. Risk reward is skewed on this one IMO.
      4/12/12
    • realornot: Off course! All 52 wk high stocks will play! Charge up!
      4/12/12
    • OneLongTrade: It's not at a 52 week high anymore. It's a few % away from it. Rather play something else that is making 52 week highs by that logic.
      4/12/12
    • realornot: One: you have to look at all the past 52 wk high flyers !
      4/12/12
    • OneLongTrade: Real, I understand where you're coming from, but you're flip flopping a lot. You claimed to bring PCLN down just yesterday.
      4/12/12
    • OneLongTrade: If you're advising people to get long here, then at least clearly warn when you'd get out again.
      4/12/12
    • MershoBoi: OLT I think you are right on this one. I saw the chart and it doesn't look too good. I think need to move my money to GOOG
      4/12/12
    • OneLongTrade: GOOG could be great, I think earnings expectations are too low, but it has run up a bit. I don't have the guts to go long calls into earning
      4/12/12
    • MershoBoi: and play straddle.
      4/12/12
    • OneLongTrade: Yes! Straddle could be the best strategy. I read an article where it paid off on 80-90% of GOOG's earnings.
      4/12/12
    • MershoBoi: yep I played it last earning and it paid really well. everyone was bullish and when it disappoints the stock fell so hard. GOOG is the only
      4/12/12
    • MershoBoi: stock that is great for straddle strategy!
      4/12/12
    • realornot: One: I trade certain stocks so it is the nature of taking stands on certain trend or momentum whether it is up or down.
      4/12/12
    • realornot: I must react to stocks trend change quickly or I stand to lose!
      4/12/12
    • OneLongTrade: Agreed but when do you sell? Or when do you stop out. What if there's no momentum?
      4/12/12
    • realornot: As trader investor, you are learning different things everyday. So many indicators, you must watch. RSI OBV Stochastics just to name a few.
      4/12/12