Trade Alert – Covering the tiny Ubiquity short
Couple of quick notes from you here from the doctor’s office.
#1. I can’t make the chat today, so we’re rescheduling it for tomorrow, Thursday January 9, at 2pm EST at http://tradingwithcody.com/chat.
#2. Sandisk is popping off the strong Micron report, what highlighted strength in flash demand. Sandisk is still cheap especially when you consider how much cash they have on the books. I’m holding my large-ish and long-held Sandisk steady for now but would consider buying a first tranche if I didn’t own any. No rush into this one or any other stock though.
#3. I don’t like the action in my short hedges, obviously, as UBNT, HLF and Pandora have all been strong. I have bearly a toe in the UBNT short, and I am going to cover the UBNT short position here this morning.
More later. Rock on.
