What the hell - CECO

Quote from VOLUME:

36 and falling.
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I'm sure a lot of people got sucked in this morning looking for the bounce. Very difficult and dangerous to trade news-driven stocks unless they are within the usual parameters of a system. Usually best to exercise a lot of discipline and sit on your hands.
 
Quote from TheCaracal:




CAREER EDU CORP (RTM/ECN)
Symbol: CECO
Last Trade: 38.47 10:29AM ET
After Hours Change: N/A
Today's Change: 1.01 (2.56%)
Bid: 38.44
Ask: 38.47

I rest my case with you.
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good call brother..... bravo!

I bought Dec puts for .55 and sold for $3.5... sold Jan 50 Calls and trying to close now.

Gonna go long.

ICe
:cool:
 
Quote from iceman1:




good call brother..... bravo!

I bought Dec puts for .55 and sold for $3.5... sold Jan 50 Calls and trying to close now.

Gonna go long.

ICe
:cool:
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Wait til 30!!!!

We added at open.

And to your earlier point, I am not mad or angry, I just don't get why people pay up for really expensive stocks , and then are surpised that they get clipped.

I have been a student of the markets for 20 years, and people just seem clueless at times, is the point I was trying to make.

Best, and good trading!
David
 
Quote from TheCaracal:


... I just don't get why people pay up for really expensive stocks ...
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David,

What's your definition of an "expensive" stock? Do you look at things besides the P/E ratio?

Richard
 
Quote from TheCaracal:



Wait til 30!!!!

We added at open.

And to your earlier point, I am not mad or angry, I just don't get why people pay up for really expensive stocks , and then are surpised that they get clipped.

I have been a student of the markets for 20 years, and people just seem clueless at times, is the point I was trying to make.

Best, and good trading!
David
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I didn't say anything cause I don't usually give entries or positions other than in PMs... and who cares or believes one anyway... :p

... but I was long from 39.44. Sold at 43.36 after buying puts/selling calls! Got lucky.

Thanks to the poster who bought this (CECO) to my attention yesterday!

As I said... will keep this one on my radar screen for some good trading...

Regards,

ICe

:cool:


p.s. PM me if you got any other good shorts/longs....... ditto here
:cool:
 
Quote from Toonces:

What are all the other stocks in the same industry?

I've got APOL COCO ECLG EDMC and UOPX. Any others?
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for the NYSE traders: ESI
 
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