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  #1  
Old 04-19-2011, 11:44 PM
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TZOO - (for whodi)

Whats your thoughts going into earnings? Are you holding?

Saw it was down today, and was debating on waiting until after earnings before i nibbled.

Any advice would be greatly appreciated!
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Old 04-20-2011, 08:44 PM
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I'm personally not holding into earnings. Too much short interest in TZOO right now and with such a small float it's not worth the risk to me. Stock has been very volatile the last view days. They can easily hit the 90s and just as easy get crushed. Too me holding a stock into earnings is a coin flip and I don't like leaving my $$$ in there like that. FFIV is a perfect example and GOOG. I rather be on the sidelines not having to worry if I'm going to be down 10 points before I can even sell my position and it works the same with a short.

Everyone has their own trading style, so it's up to you. Just remember to leave emotion at the door and don't ever second guess yourself after the earnings post. You win in the long run when your not guessing. My trading style obviously isn't 100% full proof but I am on the right side of my trades over 90% of the time for a reason. This is how you beat the market and last my friend. Good luck in whatever you decide. Was really busy today, so I apologize for not responding sooner.
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Last edited by whodi; 04-20-2011 at 08:47 PM.
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Old 04-20-2011, 10:53 PM
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Great insight.. really appreciate you taking the time to write back.

I'm not the most experienced investor when it comes to technicals but from what your saying, seems a little like capping games, keep that emotion out of the way!

Thanks for your contribution to the form, I enjoy reading your insight.

Best of luck!
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  #4  
Old 04-21-2011, 02:33 PM
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You were definitely rewarded if you held. I have daytraded TZOO over 10x today killing it for 2-5 points a pop on the runs. Solid earnings but this boy is really flying because of the small float and mainly the amount of shorts in this stock are getting stomped. Classic short squeeze. Buyers loading up and shorts covering there asses to get out to push it up even further.
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Old 04-21-2011, 04:03 PM
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Spot on call! Knew it was gonna be a barn burner once they halted trading this AM.

Definitely not the stock to be short in. I think this may just be the beginning
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  #6  
Old 04-26-2011, 11:38 AM
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Healthy pullback?
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Old 04-26-2011, 02:17 PM
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Quote:
Originally Posted by Sinister Minister View Post
Healthy pullback?
Yes sir. You're going to get profit taking on a nice 25 point run. Nothing wrong with this pullback here as of now.

Pretty disappointed because I was going to short TZOO yesterday for a small position with a tight stop loss but got a little side tracked and forgot to short it.
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