Close AMZN puts, Portfolio update

I closed the Amazon Feb $65 puts last Wed, when I saw the stock dropped to around $68, which is the low point the day after it released Q4 earning. Lesson learned: 1) short/put a stock is much harder than I thought. I started this trade because I saw EDU, AAPL, and VMW all dropped […]

Flip flopper

It appears Politicians are not the only flip floppers. The reason we should not follow analyst blindly. Citigroup Global Markets analyst Jim Suva, talked about RIMM on early Feb (source: seekingalpha): “Overall, we believe the points brought up during today’s call are highly supportive of our bull case on RIM. Concerns regarding financial services exposure […]