Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (57112)	4/6/2016 8:31:49 AM
From: MCsweet	Read Replies (1) \| Respond to of 78702

SE was a busted offering. Thanks for pointing this out -- I bought 5k at the close for a short-term trade at 28.90 as I have a decent amount of cash in my portfolio now. Several like the fundamentals here and I have found that on a busted offering if people puking up stock on a low close there is a good chance of rebound on the next day. I only like to do this trade if I believe the fundamentals of the company are ok. Don't want to do this kind of trade on a pets.com :) This may be a better lucky than good, as it looks like oil is rebounding so that may help the MLP market. MC