Isomenstra:
I think you didn't read far enough, or it was more selectivity from you. It's right there in black and white, for any fool (even toi) to see:
"Buy below 19.50, sell it in the mid-20s, depending on the chart."
"Buy" means buy, and "sell" means sell. Why didn't you print what I wrote? Which part of the above referenced, relatively simple sentence did you have a problem with?
As noted, the stock was trading in the range, I picked it up at 19.36 and within a matter of a few trading hours (perhaps two) it was up almost 3%. I still own it.
Didn't that post say "buy" and give a general target to sell (mid-20s, maroon, means 22.50 ~ 27.50 BTW). As a member of MENSA, perhaps you could rewrite that sentence to make it more clear (perhaps you could show us how to "pound the table," in that serendipitous phrase Slider "invented," one presumes that was after Your Buddy Big Fella composed the Epistles to the Romans).
Btw, I also sold IMCL this morning at 35.25. Bought it yesterday at 33.75 (reported in Real Time, of course). Lemme see, maroon, an overnight return of 4.4%, multiplied by, let's say, 225 trading days in a year, that would come out to 1029% annual return.
Now, I know in the Isostupid Altnernative Universe that's not quite as good as "loosing" 20% or 30% on "great calls," but it's not bad in the neighborhoods I frequent. VBG.
Kb |