Entry comments: Speculative play based on Warren Buffets recent investment in this company. Probably should have bought an expiration further out.
I shorted this because although it was an earnings winner, the company gave a low and weak outlook. I thought with the market down that it would be a good short set up. The no-brainer lesson in this loss is to see if people are reacting to the news.
STZ Call Lotto rec from Spyder
I am the King of Break Outs, Break Downs, and squeezes! I have developed a Jesus trades system based on these patterns!
Maybe we will see a pullback in the market, so I am cleaning my old account, so I can move the funds to the new one. If the market pulls back I will buy the same stock at a lower price on the new account
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