What sort of ridiculous country is named after a poultry? Their currency is higher by 5% and markets have responded in kind.
I dodged a bullet by selling SWCH ahead of earnings. The reason why I sold it is because they’re not SAAS. Therefore, without the Bernie Madoff model of ‘predictable revenues’ — I had little to no confidence that some little company called SWCH could do anything impressive — so I sold it. It’s as simple as that.
I only play SAAS earnings — period.
I’ve got a few runners today — such as YEXT, SHSP, COHU, and NTNX.
I am the best and champion of the stock exchange.
In other news, I sold out of BILI for a very harsh 9.5% loss. Stops are stops — got to respect them and adhere to them. Zero exceptions.
If you enjoy the content at iBankCoin, please follow us on Twitter
That YEXT is beastly. I wish I had the discipline for stops. Any suggestions on how to change that besides punching myself in the face??
Keep stop at -10%, end of story.
Must remain disciplined!!!!