Cloudera (CLDR)

[jugs]

CLDR struck me as so obviously primed for decompression when I stumbled upon it last week. And now, with just 2,000 shares in hand and a cost basis of $13.29, I'm looking at a quickly-gained return of just over $2K.

It's a long time since I chased one of these hit-or-miss opportunities so this is immensely gratifying. It has nothing at all to do with money save for the fact that it's the medium of exchange enabling the exchange of ownership in the stock world. Until a half dozen years or so ago, most of my stock investing revolved about very short swing trading. I still think that way but have mellowed and now the quick moves are pretty much limited to vying for more deft trading styles in any type of stock area. I emphasize MLPs in the energy sector as I understand the sector and find incredible opportunities to seize upon decompression such as we're now seeing in NGL and, of course, CLDR while being in a different arena.

There's plenty of unwinding yet to occur here. If CLDR drops back towards the $13.50 area, I'll be adding, most likely.