For that BEKE trade I would never have the balls to add at the end of day. Looked like a PEG with nice volume closing near HOD - could easily follow up higher. Have a nice break!
If it were earnings related I wouldn’t have taken it. But it was all Chinese stocks that were getting pumped. The other thing that I was considering was the size of the float, which with BEKE was large enough to mitigate the risk of a crazy gap move.
For that BEKE trade I would never have the balls to add at the end of day. Looked like a PEG with nice volume closing near HOD - could easily follow up higher. Have a nice break!
If it were earnings related I wouldn’t have taken it. But it was all Chinese stocks that were getting pumped. The other thing that I was considering was the size of the float, which with BEKE was large enough to mitigate the risk of a crazy gap move.