ntvh3197

[TimChallenge] Do you think it is a good pattern to hold my short overnight if $VNR breaks the $1.00 today?

Westofwallstreet

@timothysykes Entry comments: Bought this energy drink maker on a big dip off recent highs of 2.40ish, tons of support in the 1.80s, they just signed a big time new director of sales and they still have Rusell Simmons and Li Ka-Shing, the world's 17th richest man, as investors...if they ever sign the deal to get into Ka-Shing's retail empire in China this can double or triple so I'll give it some time and the goal is to make 30-50% in the coming weeks LOOKS LIKE YOU GOT YOUR WISH: http://www.bevnet.com/news/2016/celsius-makes-partners-hong-kong-international-expansion

Join now or log in to leave a comment

Joseph_K

 Received 1 Karma
Joseph_K
Joseph_K Dec 07, 3:32 PM

I assume holding overnight isn't a bad idea.....?

Wakko
Wakko Dec 07, 7:43 PM

Thats lotto play. And your case, a 10k lotto play. Better do this kind of play with

Wakko
Wakko Dec 07, 7:45 PM

Options...if you loose, you loose way less using the same position....just my 2 cents. In any case, IT IS a degenerate play.... :)

Joseph_K
Joseph_K Dec 07, 7:48 PM

You can't be serious. How is buying a stock on the way up lotto? I never said I was buying the stock on hopes of M&A. I bought it because it has been on the uptick and a surge in options for Feb and March are being purchased. Just seems logical to make a few hundred off it.

Join now or log in to leave a comment

List results per page:510152025
Page 1 of 1816