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d0lphint0m

06/16/16 11:20 AM

#59161 RE: 4sleddogs #59160

Possibly, but building a position flipping is different than flipping 100% of the position. I have used that strategy before when a stock is trading sideways in a channel for an extended period of time......buying a million shares, selling 500,000 on a 30% rally, buying back 700,000 shares with the proceeds of the sale on a pullback to the bottom of the channel, selling 600,000 shares on a rally to the top of the channel, etc. Yes, one day it broke out of the channel but a nice way to accumulate free shares.
The guys who are flipping this channel with 100% of their shares will eventually be left in the dust, But in pinkville it is such a challenge to find a company that is the diamond in a coal mine.
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ZPaul

06/16/16 11:50 AM

#59162 RE: 4sleddogs #59160

Those 1's will be gone and chase will begun.Steady level cleaner. Would love to see those 1's and it's size on bid soon.
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Elmagnifico43083

06/16/16 12:01 PM

#59163 RE: 4sleddogs #59160

I was in Target yesterday and I went looking for it still not there, but July is only a few weeks away.