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Buying Swing: buying long stock position IMAX at 20.76-.80

Posted: Thu Jan 19, 2012 12:32 pm
by MMASSASSIN
Buying Swing: buying long stock position IMAX at 20.76-.80 This is with a swing in mind with a target of 25.80 but I may end up holding this instead longer term, have not yet made up my mind. There is a movie coming out in Feb John Carter that is specifically filmed with the cameras used on avatar and if it becomes a big could drive strong revenues to imax so may hold to see how that movie pans out. Larger technically the chart looks great long term. My hesitation in another long term play is due to the huge amounts of TSLA and AAPL stock stake that I hold.

This trade is one part of a larger strategy so please look back at Previous posts to see the whole picture. AND IF YOU ARE NEW, PAPER TRADE FOR AT LEAST A FEW MONTHS because this is ADVANCED OPTIONS TRADING !!