Monday, May 24, 2010

A Technological Gamble


I'm taking a full position on TYH. I don't usually just jump in like this. If it goes down, I'll double-down.

The stars have aligned, convincing me the current valuation of $31.14 is FAR from the appropriate valuation. I'll report back in a few days, hopefully/CERTAINLY with a win.

On a related note, I'm compiling the buy-list I mentioned here. I'll get back to you on that one after further review.

*Tips Hat.*

*By stars aligned, I mean this guy said it was a good idea.

3 comments:

  1. UPDATE: Long Another position of TYH because the stock dropped 4%.

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  2. UPDATE II: Rallied hard into the bell and the futures are up almost another dollar. This is now unrealized gains, excellent.

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  3. UPDATE III: Average final price is $29.96 from the two positions.

    I sold one half this morning at $32.33 for a quick 8% win. I'll hold the rest until about 34-5

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