My SPWR and GOOG swing trades didn't do so hot. I descreased my postion size by 2/3 going into earnings, but both got clobbered. Here were my results:
SPWR: +$1.75
GOOG: +$1.16
I wasn't about to make the same mistake with AAPL, which reports earnings on Wednesday. I sold AAPL on Monday:
AAPL +$20.14
Even if AAPL has good earnings, I am happy with the trade. I am still holding RIMM, and also entered EWZ for a swing trade.
EDIT: Stopped out of RIMM: +$6.70
EDIT #2: Stopped out of EWZ: -$2
Tuesday, July 24, 2007
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A great opportunity in SWC, which had been battered down 25% in 4 days by a desperate concentrated short who is unable to unwind its huge short position. Expect some great resersal tomorrow because this is one absolutely oversold stock with very bullish fundamentals.
I have done my research and explained everything about this concentrated short. Follow my link and do your own DD.
This is a rare opportunity you do NOT want to miss tomorrow. At least 10% profit in one day!!!
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