Hi Justin,
BCOV came across my Stock Scouter when this Clould-Software was hitting the 52 week lows, it's IPO was in 2013. Finally, after they beat EPS and guided higher with new wins with Angry-Birds maker and other companies I took interest and bought at $7.00.
With BCOV it traded up and was pinned down until about a month before Earnings were to be released. You have to be patient with your convictions, I can't speak for Twitter other than my favorite Tech Analyst said it was a "Sell" and he was Shorting Twitter. Dan Niles made bank if he shorted Twitter up near $75, I screwed up by trading the Weekly Options, I have no business playing those gambling devices unless it's with money I need to burn.
ICLD was pinned down below $3.00, some game-changer hit with ICLD, I don't know what that was and my accounts are not larger for not knowing. I traded ICLD because it was moving up and down, I stopped trading ICLD after it blew past the $12.00 mark during it's frenzy. Today's down move in the DOW was a easy call to make, everyone who has been in this Game knows the Funds and Pros kept the Market high so they would get their big bonus and "Mark to Market" a great Year!
Today, I noticed the stocks I bought were not all hurting, my POST Cereals was up, my Select Comfort and Joseph A Banks JOSB did not crater. I like stocks having money move in to them from the frothy sectors, I heard reports that Facebook and other Social Media are getting lots of "termimante my account" requests, so we are going to be entering one heck of a Stock Picker's Market, your method of looking for a great pull-back on some stocks hitting 52 Week Highs and All-Time Highs is solid strategy. Some stocks you buy, examples are the following.
HBI (Haines) you got to wait for Haines to take off, after earnings this stock can pop $3-$6 but usually "fills in the gap".
PKG, KS, IP, MCD, BSX, BCOV, WETF, NTRI often fill in the gap, so we end up waiting for the next leg up, possibly waiting for months or the next Earnings Report before they jump again.
The Chinese Reverse IPOs and other Chinese Stocks were classic at exploding on the news only to have the Naked Short Sellers clobber then in to the ground. With Chinese Reverse IPOs, it's most practical to follow your advise of waiting for these stocks to fall back below their 30-60 gap up and buy them once they fill-in-the-gap, than wait for your gains. I hope you smashed ICLD, keep a eye on BCOV, if Oracle did great with the Cloud, my little BCOV and CALD are going to do well too (IMHO). Peace Justin!
BCOV came across my Stock Scouter when this Clould-Software was hitting the 52 week lows, it's IPO was in 2013. Finally, after they beat EPS and guided higher with new wins with Angry-Birds maker and other companies I took interest and bought at $7.00.
With BCOV it traded up and was pinned down until about a month before Earnings were to be released. You have to be patient with your convictions, I can't speak for Twitter other than my favorite Tech Analyst said it was a "Sell" and he was Shorting Twitter. Dan Niles made bank if he shorted Twitter up near $75, I screwed up by trading the Weekly Options, I have no business playing those gambling devices unless it's with money I need to burn.
ICLD was pinned down below $3.00, some game-changer hit with ICLD, I don't know what that was and my accounts are not larger for not knowing. I traded ICLD because it was moving up and down, I stopped trading ICLD after it blew past the $12.00 mark during it's frenzy. Today's down move in the DOW was a easy call to make, everyone who has been in this Game knows the Funds and Pros kept the Market high so they would get their big bonus and "Mark to Market" a great Year!
Today, I noticed the stocks I bought were not all hurting, my POST Cereals was up, my Select Comfort and Joseph A Banks JOSB did not crater. I like stocks having money move in to them from the frothy sectors, I heard reports that Facebook and other Social Media are getting lots of "termimante my account" requests, so we are going to be entering one heck of a Stock Picker's Market, your method of looking for a great pull-back on some stocks hitting 52 Week Highs and All-Time Highs is solid strategy. Some stocks you buy, examples are the following.
HBI (Haines) you got to wait for Haines to take off, after earnings this stock can pop $3-$6 but usually "fills in the gap".
PKG, KS, IP, MCD, BSX, BCOV, WETF, NTRI often fill in the gap, so we end up waiting for the next leg up, possibly waiting for months or the next Earnings Report before they jump again.
The Chinese Reverse IPOs and other Chinese Stocks were classic at exploding on the news only to have the Naked Short Sellers clobber then in to the ground. With Chinese Reverse IPOs, it's most practical to follow your advise of waiting for these stocks to fall back below their 30-60 gap up and buy them once they fill-in-the-gap, than wait for your gains. I hope you smashed ICLD, keep a eye on BCOV, if Oracle did great with the Cloud, my little BCOV and CALD are going to do well too (IMHO). Peace Justin!