Replies to post #93541 on Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

In reedit, it seems I panicked for no good reason, all positions now higher, well, c'est la vie...

In edit COCO also went here at $40.30 for just $,48.

And now taking a fast retreat, out of MERQ at $32.52 ($.29), QLGC at $39.18 ($.15), ERTS at $59.51 ($.26) and the bu$$ at $14.34 ($.19), not liking the way this market is behaving.

Zeev

[unctarheel]

Actually I have seen that often, all the G&C we got in the last two years were characterized by gap up that are shorted.

Zeev,
How do you decide whether the gap up is being shorted or if it's just plain old profit taking? TIA