With all due respect Tim, you state one day that you're holding, and the next that you're sitting on the sidelines. You also state that "your source" told you previously just to buy PETM, that a buy rating is in the wings, and that PETM will be in the teens next week. If you take all of your posts and look at them together, one could deduce that you're 1) full if hot air (like most others on SI), 2) fickle, or 3) extremely astute, guaging the buy and sell opportunities like a hawk. I'll reserve judgement to the masses.
Having said all of that, as a holder of 3,500+ shares between 7 and 8, I hope you're right! Nothing would make me more happy than to see PETM in the teens again. However, if it's such a DONE DEAL, regardless of whether you're a day trader or not, why don't you get back in at these levels? From 8.5 to 13 (the beginning of the teens) represents more than a 50% return. Day trader or not, 50% in a week is pretty good.
Just searching for some common sense logic. |
