Closing 1 Trade ($TRIP, $NILE) « Intelligent Speculator

Closing 1 Trade ($TRIP, $NILE)

By: ispeculatornew
Date posted: 02.11.2015 (3:00 am) | Write a Comment (0 Comments)

Great news today as I’m closing my first long & short trade of the year. Two trades are currently over the +20% ratio but for now I will keep the long Apple (AAPL) & short AOL Inc. (AOL) trade live for now. This morning however I’ll be closing the trade that I did on January 9th where I went long TripAdvisor (TRIP) and short Blue Nile (NILE). Yesterday, NILE announced very disappointing results helping me in a big way. As much as I believe in the long term future of TripAdvisor, I was not terribly impressed with the last quarter earnings call and am a bit nervous about this week’s earnings so I prefer taking the gains here:)

TRIP data by YCharts

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This entry was posted on Wednesday, February 11th, 2015 at 3:00 am and is filed under Free Stock Picks. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.