Started a position in SYX yesterday afternoon, entry @ $19.12. I could have improved the entry significantly, but still a bit hesitant in this volatile market.
I took partial profits on 50% of my OMTR position and will see how the secondary offering prices before deciding on the rest.
entry was 17.35, exit @ 18.80 for approx 9% return.
Also still holding OMTR though not sure how to proceed. Looks like they will price 7.88 milllion share secondary offering tomorrow.
I may take partial profits @ EOD.
Any opinions?
While it may seem crazy in this market, I'm long OMTR. Entered yesterday afternoon @ $17.35, still holding.
Exitted PCCC today @ $11.89 for chump change.
And here's the updated daily on PCCC. Will be looking for volume increase as price crosses RTL, if and when it does cross RTL.
Will add to the position around $12.50 if it proceeds properly.
Update on trades i posted friday. I exitted xing when price didn't regain Thursday's close, I had drawn in a lateral channel as I had on PCCC and decided a better entry would be around 13.10, so far it's looking like the right decision.
continue to hold PCCC and will add when price crosses...
Here's a trade I've entered on PCCC, an old favorite that hasn't been doing much for a while. Entered @ $11.55 on the breach of a lateral channel following an FTT on 5-07. Yes, it's taken a while to develop. Will add to the small position if and when RTL of IT down channel is crossed...