Re: New high for this again, mentioned Friday. Generic Drugs.
Anything that ran that hard that quick to 8+ can very much run to double digits. Havn't done DD on this one, so not saying it will, but anything is possible, even much more. My theory is to always hedge. Honestly I prefer to short the crap, buy the star. If your wrong(didn't do proper DD) you screwed, but if your right(worked your arse off) you'll make money both ways. Keeps you from limiting your gains like you would with buying puts as a hedge. JMHO, and take it as that.
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I have a degree in finance, but that doesn't mean I know what I'm talking about. These markets are heading into un-charted territory. My comments are that, comments not advice, DO YOUR OWN DD.
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 Reply to sumsavvy - Msg #1697700 - 07/20/2009 22:37
Re: New high for this again, mentioned Friday. Generic Drugs.
Similar in mk. cap to hitk, but not in float, could be wrong, but I think double digits for LCI are very possible. The sector is hot. JMO |
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