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Also just to show my unbias....i would go long on a trade for ARO around 38 with a relatively tight stop with a target of 41 for short term bounce....if it breaks down under 38 and the market continues to sell over the next fgew weeks it could go close the gap around 36 which could be another buying short term buying opportunity......what everyone has to realize is that the uptrend was broken so its needs to find a new level of support and lot can depend on the overall market direction and people that have made a lot of money holding this stock stopping their profit taking after such a run. Selling triggers more selling just like buying triggers more buying and short covering it goes both ways....
Honestly good luck and just don't be emotional about it just manage your risk and look for the opportunity to buy with PATIENCE......If you do build a big stock position on ARO you should def buy some long term puts as insurance Rating :
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| Subject | Author | Rating | Time of Post (ET) | ||
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Hmmmmmm.......last several posts trying to induce fear ...
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dpgood66 | Rate it | 3-Sep-09 06:51 pm | ||
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So dpgood66...
What kind of earning growth do y...
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riskinator | Rate it | 4-Sep-09 12:10 am | ||
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35% annual earnings per share growth. The ea...
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dpgood66 | (1 Rating) | 4-Sep-09 04:04 pm | ||
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So how many shares did you buy today at $41.66 and...
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rmlbend | Rate it | 4-Sep-09 04:39 pm | ||
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In at $41.49........the day to buy, though, w...
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dpgood66 | Rate it | 4-Sep-09 06:38 pm | ||
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Correction: ...in at $39.48 on 8/24.
...
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dpgood66 | Rate it | 4-Sep-09 07:34 pm | ||
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Bought yesterday at 41.769.
I have been in...
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riskinator | Rate it | 9-Sep-09 10:11 am | ||
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Nice moves Riskinator.
I am increas...
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dpgood66 | Rate it | 12-Sep-09 11:35 am | ||
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Thanks, I will look into William O'...
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riskinator | Rate it | 15-Sep-09 11:20 pm | ||
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Thank you so much for introduc...
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drexelbond | Rate it | 16-Sep-09 09:22 pm | ||
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Bought 150 OCT 44 PUTS. Might be the teen leader ...
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fitrition23 | Rate it | 18-Sep-09 02:36 pm | ||
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Post has been saved, will bring back up to th...
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riskinator | Rate it | 25-Sep-09 04:35 pm | ||
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What i told you happened in less than 2 ...
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fitrition23 | Rate it | 28-Oct-09 12:26 pm | ||
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Re: Negative Nellie's
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fitrition23 | Not rated | 28-Oct-09 12:36 pm | ||
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So fitrition23,
How did those puts work out ...
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riskinator | Rate it | 21-Oct-09 10:18 am | ||
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Yo riskinator..i made a decent profit......
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fitrition23 | Rate it | 22-Oct-09 01:19 pm | ||
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So are you saying that ARO is only ...
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riskinator | Rate it | 22-Oct-09 02:07 pm | ||
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Under 40 already today......Ri...
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fitrition23 | Rate it | 27-Oct-09 01:52 pm |
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