Nov 09 2006
AKAM, which I invested on the day before it’s earning announcement on 26-Oct-2006 AMC here went for a dive instead when it reported “normalized” earnings of $0.24 per share, beats estimate by $ 0.02. As can be seen from the chart, it consolidated for a couple of days before made a stunning recovery. Minutes ago, I took the opportunity to lock-in profit as it is about to reach it’s resistance of $52.90. Thus it’s very important to invest in fundamental strong stock. Making money in option trading is a satisfaction if you can control your emotion to take money off the table when it’s time to do so.
|
|
November 9th, 2006 by financetwitter
|
|
|
|
|
|
|
Comments
Add your comment now.
Leave a Reply