FLY might fly 10% or more | stockbee

1/26/2011

FLY might fly 10% or more


Another stock in the same sector AER is my current position. Not likely to be fast mover but can make 10% plus move from here in next couple of months. Value kind of play.

2 comments:

Charles said...

It broke out, but has pulled back below the breakout point. Can you help me understand why you said it is not a fast mover and will take a couple of months to get 10%? If it is a slow mover, how flexible are you with the stops?

Pradeep Bonde said...

The past behavior of the stock tells you it is not a fast mover. I put stops below breakout day low. But in this market as of Friday I closed all longs.