RE: Today and Tomorrow and After Good analysis wavector!
Since BB is being upgraded every day now, there bears and shorts are going to have tough luck and will suffer more loses as share price will keep moving up.
I admit, it is very difficult to trade this stock short term. As I wrote in the past that I have a long position of more than 5K shares but still trade short term. I bought 1K on Thursday at 15.11. Today it opened lower at 14.92 and then dipped to 14.53. At 9.33 Am I placed a sell order for 1K at 15.60. Since it was trading below 15, then it came back to 15.34, again went down to 15.03 and started moving up. I got nervous at 11.05 Am and changed my sell order from 15.60 to market at 15.25 and sold 1K, later in the afternoon, it did go to 15.61, LOL. My calculation/prediction was correct but I could not hold mt nerve. But I was correct also last week when I sold 600 at 17.20.
Just to avoid day to day stress, we are better off holding this stock for long term as fundamentals are looking great.