Originally Posted by
Dr. Dave
I have to formulate a plan - I took the hit on the AMZN call the I held overnight, but I had bought an FSLR call, its up 130% at the moment from yesterday's close. I'm looking for FSLR to hit about $180 - the resistance for an earnings run up. The thing is, the price gapped today, so the stock is moving too fast, its an erratic stock, and I'm sure there will be happy sellers near the end of the day today. I"m tired, and want to sleep a bit. I'm thinking of still holding out for resistance, as, its likely going to hit. But holding overnight doesn't sound pleasant on the gain that I have.
Then I read the news, which I try to refrain from, and see the motley fools bashed it today. Any of you newshounds notice what the reactions are to the fools?
CNBC pumped AMZN yesterday, and it crashed today, even after beating estimates. Would you say that the negative press from the fools is a good thing? If it was cramer, I'd hold for a week.