
Will wait and see... meantime, I am long 65-60 Put Spread!
Note of caution: Insiders rarely get it right... Case in point, STEC 10% owner sold all of his shares in Aug. at 24-29 and then the shares hit $40! Ouch! Also, I mentioned Jeff Bezos selling his shares, tiny amount that is, in May in the 80s and now AMZN is trading at $119. Nevertheless, I am short NKE because I think short term the move upward is overdone!
No comments:
Post a Comment