Since many of you keep asking me the same questions, I will address them now. So you know, I am actively posting inside of the 12631 trading room throughout the day.
Re: lock up expirations
What am I going to do with GPRO ahead of their lock up expiration, due 12/22?
Honestly, if the stock isn’t over $100 by then, absolutely nothing. You do realize lock up expirations have been occurring since the beginning of time, right? Just because people are permitted to sell doesn’t mean they will. Moreover, I’ve been involved with two previous short squeezes of epic proportions on the very day of the expiration.
Exhibit A: Short Sellers Cry Out For Yelp
Exhibit B: Why Facebook’s Stock Soared on Biggest Lock-up Expiration
Re: The Habit (HABT)
Unlike many of my other stock picks, this is a legitimate long term hold of mine. I believe in these McDonald killers so much, I’ve dedicated to buying this stock, and if Shake Shack comes public, once per month for the next 12–if not more. My first purchase was around $33.5. It ran to $41 and some of you sold to lock in profits. But I never cared about taking profits, due to the minute nature of my position. I am not looking at the share price and will not concern myself with it until December, when I intend to dollar cost average in.
They have about 100 restaurants, growing revenues 50%, year over year. There is enormous upside for this genre, as Americans steer clear of McDonald’s, Burger King and Wendy’s. Americans love their hamburgers and will pack the restaurants of anyone who can make them fast, clean and taste good.
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FIG?
You got it.
Well done, Sir. Thank you.
Just like the In ‘N Out Burger.
Their secret is ‘never frozen’
getting closer today to my $29-30 target.
LITB is driving me crazy…watching a 30% gain go flat in 8 days. is the $10 thesis blown up?!!