Thursday, October 04, 2007
That's called gambling.
Although I believe the company will post record numbers, it is priced for perfection.
In short, if my cost basis wasn't $18, I'd pare down the position here, just in case.
If you are not the "paring down" type of idiot, consider protective puts.
If you don't like to protect anything, get your blade out and prepare to do battle with some filthy bears.
That doesn't happen all the time...
Hey, I gambled once and held a position in NTRI and lost $300,000 overnight.
Trading 97'ish now.
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