Monday, May 14, 2012

Groupon trade worked.

Well Groupon has reached the level in which the risk of being short is pointless. I think below $10 is a fine place to cover your short. I still would avoid owning this company until they get a few quarters of normal reporting under their belt. This trade work out very nicely. I will update you the next time we get a pitch right down the middle. You must wait for the right pitch, on wall street you never have to swing until your ready. 

Todd 

No comments:

Post a Comment