Posts Tagged "swing trading"

REN trade for 8/16 – 8/17/2016

Posted By on Aug 17, 2016 | 0 comments

Oil driller Resolute Energy ($REN stock) has been on a tear the past 2 months ripping from $3 to $20. We have been watching the price action on this stock like a hawk the past week. Patience is key in shorting small cap runners. After the past 7 trading days, we felt it was time to initiate our short position in $REN. There was excessive bearishness from almost every stock trader on Twitter saying they are going to short it (or was...

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MTOR trade for 6/28 – 6/30/2016

Posted By on Jun 30, 2016 | 0 comments

Brexit fears earlier this week provided many attractive opportunities for us to bottom pick some US-based stocks. One of the ones we decided to get long on the vastly oversold dip was $MTOR (Meritor -- a truck parts manufacturer with 20% of its revenues coming from the EU). On the 3rd day down from the Brexit vote (an extreme -20% stock price fall), we scooped some $MTOR up at the lows and rode it up for a couple days. Easy long swing...

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QHC trade for 5/6 – 5/10/2016

Posted By on May 10, 2016 | 0 comments

Community Health hospitals spun off their #QuorumHealth division ($QHC stock) last week. Many times spin-offs give a great chance for investors to buy the spun off asset on the cheap. This is because when a company gets spun off, lots of investors may not want the newly spun off company and usually what happens is they just dump it right away. This causes the spun off stock to tank in a short amount of time. And with big institutional...

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BOOT trade for 4/8 – 4/11/2016

Posted By on Apr 11, 2016 | 0 comments

We swung a small $BOOT (Boot Barn Holdings) long position coming into today as last Friday's trading activity still told us that the stock was oversold on the JPMorgan downgrade and buyers were still there trying to accumulate shares. When the tape read a buyer showed up with little selling resistance, we started adding small to the position. Again we sold into strength like last Friday and unfortunately should have swung the position...

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CPPL trade for 3/11 – 3/17/2016

Posted By on Mar 17, 2016 | 0 comments

One of our favorite midstream oil and gas companies we like based off a stellar balance sheet is $CPPL (Columbia Pipeline LP stock). It has only a Debt/EBITDA ratio of 1.2, one of the lowest we know of in midstream oil and gas...not levered at all. The stock got hammered 2 days in a row last week and we noticed the selling all occurred in the last 30 minutes of trading. That to us signaled a forced dump by someone. We started picking...

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