iBankCoin
Stock advice in actual English.
Joined Sep 2, 2009
1,224 Blog Posts

Sold Some RGR And Waiting

I let go of the RGR shares I bought for $45.95 on Thursday for $48.73.

Other than that, I am waiting patiently. If a reversal is to happen, I think it materializes shortly. I’m looking for something small at first; a 7-8% retracement. Nothing spectacular. Then I want to look deep into the end of the year and get a glimpse of 2014.

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2 comments

  1. fly jr

    Fly is uber bullish – do you agree?

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    • Mr. Cain Thaler
      Mr. Cain Thaler

      I am not uber bullish. I’m not exactly willing to short either.

      I have my positions, some hedging (SCO, EUO), one short via options (TSLA), and a lot of cash.

      Expecting a correction this summer

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