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nypete

04/11/14 1:09 PM

#1237 RE: baude #1236

GOGO is considered a momo stock with hi vol.
Fundamentally sound, I loaded up below 19 Wednesday and unfortunately didn't unload on the pre market yesterday as the news with BA was announced driving the pre market price to 21.75
The drop from the open is all market related with rotation out from biotech and momo to more mature stocks.
If your an investor buying in pre- determined tranches below 20 is a good strategy.
If your a trader take your points when they are there.
GLTA