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My $RBCN holding is getting $CREE-mated today, along with along with the semis, in general, on reports of too much supply. I have a profit in the name since I bought it, thanks to the short squeeze deluxe screen inside The PPT. Simply put, one of my basic trading tenets is to not let a winner turn into a loser. Thus, I full sold out of it this morning. No pigeons in my portfolio, at least they won’t be there for very long…
All trades are timestamped in The PPT.
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TOTAL PORTFOLIO:
EQUITIES: 40%
- LONG: 32% ($TQNT $RINO $CTXS $CMG $NTCT $MELI)
- SHORT: 8% ($LULU)
CASH: 60%
Chess, how you feeling about that LuLu short? you selling those puts if it closes above $36?
It is defying gravity for now. They have earnings on Friday. I am trying not to micromanage it, but I will probably take some off the table before earnings regardless. The options aren’t very liquid.