That was yesterday silly.
Did you do your homework?
Hey, this eye medicine stuff reminded me to check in on an old friend.... ALDX
They did an Oppenheimer presentation last month and the stock went up 6 days in a row on a pick-up in volume.
It hit $9 and pulled back. It's held this $8.50 level since.
ALDX is going into the GBA-VZ portfolio at $8.50
IWM is the Russell 2000 btw in case you didn't look.
That's not the right stock really for the short side of the portfolio, that was more of a long term call. A 15% move in it would be significant really, in the bigger picture of things; ie a true market "correction" across the board. So it's out.
I'll find a good short to replace DPZ.
ALDX Stoney!!!!!!!
It's a sleeper.
Give me a sec to look at it.
