Let us cast our eyes yet again upon a monster that got away – Axon Enterprises (AXON) – which I wrote up as a short idea multiple times. It justs……..keeps……….crumbling!
Convulsions
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Days and Days of Tase
Another awesome one that got away: I have suggested Axon Enterprises (AXON) repeatedly over the past year, and it’s been a sensation. I even had puts on this bad boy! I made profits, yes, but left SO much on the table. Congratulations to those smarter/braver than me.
My Slip is Showing
My chart predictions are correct virtually all the time, whereas my trading decisions are – – well – – not. A good recent example is Victoria’s Secret (VSCO) which I suggested as a short near its top. I didn’t hang on to the short, but the stock is in the kind of free-fall I predicted. Oh, well. Maybe some of you did better than me based on my own idea.
Credo Shot First
I would first like to acknowledge this is probably one of the cleverest post titles in the history of the written word. But that’s not why we’re here.
We all remember my post from a couple of days ago called Credope, in which I assailed myself for my clumsy handling of a trade opportunity. Well, I stand by my self-flagellation in that post, but I do want to tell you that, yesterday morning, when CRDO was sky-high, I increased my options position, and as I stand here right now not only did the position not get destroyed, but it’s profitable. So, considering these are June puts with 127 days of life in them, I’d say there’s still great promise here!
Credo Follow-Up
People all o’er the world know of the tale of Credo, which I related here last night. Children are put to bed by their parents reading them this story. As I suggested in my bedtime tale, it was idiotic to panic and cover, as the graph plainly shows.
