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March 2nd, 2015 at 12:18 pm
Triboy
Boy, you missed an opportunity to make a small gain or breakeven on that one at $23.50 a couple of days ago. Got to move on those directional plays. The premise was that they would suffer from the same high costs as CAKE, and they did, but unfortunately, it was short-lived and the stock shot up before earnings mitigating the reaction for the suggested trade. Got to act on your own sometimes, especially on the directional trades. Phil has commented the same sentiments with the SDS trade. It was a directional bet that didn't work.