Saturday 2 November 2019

Seagate - Play on Earnings



I believe Seagate released some good results yesterday but the stock gap down instead.  I am not sure why because I didn't read the full release but I know one of my trader shorted Seagate the day before with just 255 shares and made some decent profits with $767 the next day. It was impressive as the stock gap down and he locked in profits. In fact, he messaged me before market opened and ask me what's my game plan and i told him to take profits for a fast one and he did just that. Seagate rebounded up after that and back to his entry price after that. It was like a dead man sprung up to life again and profits would have eroded and became loss. Congrats and I can see many are trying to trade before earnings.

Ron K - A Game Changer