Hi J,
Yes, one to watch (STEM) - posted last nite in PM to Collin with ??'s as to any conferences, etc. pending. Vol and price (small increments) building. This one I have a very long term core position (expect hold of another 10+ years), but also trade in and out with positions. May be nibbling here, but also expect end of year tax sales as it ran earlier with a lot of publicity - probably lot of overhead which I'll let Mark comment on, if he will. If you're looking for dimes, here might be a good entry. If you're looking for dollars, wait for break > 3 with 2x recent daily volume. If you're holding for years, just buy some and add on pullbacks to ~ 2. Just my strategy, FWIW.
BTW: another LTH/Trader that is moving is CYTO - similar cmts on volume, bigger move and I'v a LT position.
Peace and Justice --- Patrick
Trades Today:
out of PRSF - .45 (ouch); out of MRVC (@ 5.4, profit but so mush less than yesterday), sell 1/2 HLIT (@10, just taking some profit), cover AMCC 13.7 (nice profit), added to VTSS short (@ 12.1), short KLIC (@ 16.16), looking for other shorts to flip today.
EDIT - bought CYTO short AMCC(again) |
