Seeking Profits
Energy, tech, dividend investing, long/short equity

Rocket Fuel: Better To Buy Than Sell

After the bell on Tuesday, Rocket Fuel (NASDAQ:FUEL) reported quarterly earnings that pleased very few on Wall Street as shares plummeted 25% and are now sitting at a new 52-week low. FUEL is one of many tech stocks that quickly became a momentum stock, soaring past $60 before dropping back below $30 as investors soured on these high-growth, high-multiple names. Now, catching a falling knife can be very dangerous, but in this case, I do think the risk/reward sets up more favorably from the long side. Consequently, I would suggest adding a small position as a trade. This worked well last quarter when shares fell from $28 to $20 but then gradually traded back towards $28. On this...

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