• Skip to content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer

Trading With Cody

Long-term Revolution Investments and Real-time Trades from Cody Willard


  • Twitter

  • YouTube

  • iTunes Podcasts

  • SoundCloud
  • Trade Alerts
  • Latest Positions
  • All Archives
  • Chat Room
  • Books
  • About/FAQ/More Info
    • Testimonials
    • FAQ
    • Contact
    • Privacy Policy
    • Support
    • Money management services
    • Public Speaking
    • Cancellation Policy
    • Login

Riding the bull: Trade Alert – Taking profits on the Dollar shorts and also on some Sandisk calls

December 11, 2012 by Cody Willard Leave a Comment

Mornin’ y’all, and welcome back to the rodeo, where the bulls buck hard and only the best of the best can hold on til the buzzer.

Our second largest position on the short side of our ledger, Dollar General, reported another round of dismal earnings and outlook and it’s down to the lowest levels its been since we stepped in with our short. Our third largest short position, Dollar Tree, is down in sympathy. I’m going to cover about 1/5 of my DG short to lock in some of these profits.

Tech is on fire this morning (knock on wood) and I’m also looking to sell about 1/10 of my Sandisk call options that I was buying before the break out as outlined in this post:

I’m also buying some Sandisk April calls with $40 or so strike prices. Just a tranche buy while it’s down and per my write up on flash in the smartphone/tablet world.

Sandisk did indeed break out and is up about 10% in a straight line since I wrote this the next day:

Sandisk is looking like it could try to break out next. 

Easy does it, following the playbook. Scale into the best revolutionary stocks on weakness and trim on big rallies. At least while we remain in bull market mode.

PBR 101 with Ty Murray

 

Related posts:

Speculative Idea: Immersed Virtual Reality
Trade Alert - Dorothy we aren't in Kansas anymore
Trade Alert - Scaling into our new pick using the usual tranche buying approach
Trade Alert: Buying the Uber/Netflix of real estate
Trade Alert: Selling more puts into the panic
  • Twitter
  • YouTube
  • iTunes Podcasts
  • SoundCloud

Filed Under: Trade Alert

Disclosure: At the time of publication, the firm in which Willard is a partner and/or Mr. Willard had positions in some of the stocks mentioned above although positions can change at any time and without notice.

Reader Interactions

Leave a Reply Cancel reply

You must be logged in to post a comment.

Primary Sidebar

Must Read Articles (Free)

How To Invest In Business Models From Outer Space
Everything You Need To Know About Cryptocurrencies

You are not currently logged in.








» Register
» Lost your Password?

Subscribe now. You can cancel at anytime.

Buy with Crypto

Footer

This does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or cryptocurrency or token any other product or service by Cody Willard or any other third party. Furthermore, nothing in this is intended to provide tax, legal, or investment advice and nothing in this should be construed as a recommendation to buy, sell, or hold any investment or security or cryptocurrency or token or to engage in any investment strategy or transaction. You are solely responsible for determining whether any investment, investment strategy, security or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. You should consult your business advisor, attorney, or tax and accounting advisor regarding your specific business, legal or tax situation.

Copyright © 2023 · Magazine Pro on Genesis Framework · WordPress · Log in