Under Armour (UARM)

[eastunder]

I have thought about it, but I would really like to own UARM for longterm, seeing it's a new IPO, and possibly just add to positions at drops instead of remove myself and buy back.

I do keep thinking about the $40 it hit on the first day of trade and thinking that might be the price level at which a pull back will occur. I'll probably make a decision around that point whether I want to sell and buy back a little bit lower or just close my eyes and add if it drops.

It is such a wonderful product and in high demand that I hope the stock eventually pulls out some forward splits and I certainly want to own it when they do.