Traders Playground

Buying Swing: adding PALM stock here OVERSIZED pre market at 5.53 this is the first add of stock since originally positioning at 4.16 , using the pre market pull back as a buying opportunity. I believe today we are sing Fermenting by hedge funds, using there usual tools lie street.com exedra to release negative stories in an attempt to in pre market bring down the stock and create a false perception. have seen them do this before and it is t be expected when U have a stock that is so heavily shorted by the hedge funds. I see this as an opportunity even though it will likely hurt the options greatly. Remember according to my strategy a stock position is 5 times the money allocation equivalent of a options position since the risk is so very different.