Sun: looks like the shorts won the battle here; sold this AM at 42, lost 2 points, but trades over past 3 days net up 6K on SIEB; thank you Muriel. The AMTD results were sterling, and I thought this, with a similar report from SCH would continue the upswing, but only 1c more than estimates for SCH triggered sell the news, after the massive runup for all these stocks, this past month.
SIEB went as high as 44 this AM, I believe, but only held there for minutes, and I was watching SCH dumping big time , so I bailed
Thought about coming back in at 34-35 for a few points, but when SCH was halted I shied away. Maybe the SCH drop has to do with options expiry, too.
Anyway, it was a pleasure reading your analysis. On to the next trade.
Regards
James |
