FLWS trade for 11/16-11/20/2015

Posted By JM on Nov 20, 2015 | 0 comments

Initiated a long position in $FLWS (1-800-Flowers) as we felt the stock got smashed without any fundamental reason except that the entire retail sector was getting crushed. FLWS technically was in way oversold territory so we started scooping up a little on the way down and on the way up when it starting bottoming. The stock is extremely thin so we could not buy too much size. Overall a great long swing trade typical in the #MookTrader stock chatroom.


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