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VMW- Moving Too Fast
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This morning VMW opened @ $70.18 after closing yesterday at 65.99!
The reason... Jefferies (some monkey analyst) raised their price target from 71 to 74. When I saw this thing high flyin i put in my sell order at 74. If it went to that target on the same day it was set I was sure it would sell off.
So what happen? VMW soared str8 to 74... well 73.95 anyway! This didnt pull my trigger so i had to adjust down to 73.50 where I did get my fill. I will DEFIANTLY get back in this stock, maybe trade it a little. Either way this stock is staying on my main watch list.
Bought Aug. 15 @ 51.99
Sold Aug. 22 @ $73.50
+21.51 per share
+41.4% in 5 trading days
I think this is my all time record... Ill havta check.
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This site is not just a place for me to speak my mind, my goal is for these posts to be a catalyst for conversation. If I have stimulated some thoughts/ideas please be sure to contribute below. Dont be shy =)
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