ZNGA is another IPO that was bought heavily today. It is in the social media space and doesn't have nearly the good fundamentals that KORS has. Trade carefully, but a little speculation keeps you interested and involved.
Thursday, March 1, 2012
Morning Thread
Gator's Chart of the Day: PETM |
Looking at the daily chart buying at the 20 day sma has been a very good strategy and after hours the stock traded down to 54.45. The 20 day is 54.37 so it looks to be a right here right now buy.
Position: customer and dog owner.