Everyone wants to book profits quick, long term now-a-days means 2 or 3 days it seems like. So, I doubt the gains of yesterday & today will hold for long. I am already in the green in the plays I was ruminating on in my earlier post here..
HSR is like most of the rat stocks, nothing happens and then bang, they either run up big or dump big. Truth be told, I used to make huge money with the rats, with ones similar to INVN, but the new reality for me is I am now making that big $coin with SPX futures and option plays, so that is where I will be spending most of my time from now on, in the big, liquid things.
Just as an example, look at the GE Aug $30 calls the past month, just huge.. 10 cents to over 2.50, now that is something you can get into.. And you could buy 10,000 contracts if you so wished, usually no problem.. |