Tuesday, June 21, 2016

Positions

I longed SWHC Smith and Wesson right before earnings at around $23. It is running very well after earnings and just took out some resistance into a new trading range. I'm up a good bit here but I'm going to let it run and take some risk to get a 20%er or so. My long-term core position PLNT ran all the way near IPO prices in the $19s. It might have even printed $20 for a bit. It just sold off on a stock offering. I could swear they are planning on buying back stock soon so I don't get the negative reaction here. Even still I see it going higher over coming months.

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