Monday, October 01, 2007

TRID Down on an up day

TRID is down ~2% when the market is up 1.5%

My take:
They just announced a new CEO. This is good news. But it's buy on the rumor, sell on the fact.
I think they made their move last week based on the news leaking out.

1 Comments:

Anonymous Anonymous said...

Andrew, thanks yet again for the TRID advise -- things are looking up for this stock.

I had loaded 20$ and 17.5$ Jan08 calls and they are pretty impressively so far. To play it safe, I think I will retire 20$ jan calls just before earnings; 17.5$ calls might have good ride through summer.

What are your thoughts? Did you buy 20$ jan calls in your personal account? ;) If yes, are you planning to ride it out through December?

Thanks!

10:44 AM  

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