Closing One More Trade (AAPL, NILE)

By: ispeculatornew
Date posted: 08.04.2011 (8:21 pm) | Write a Comment  (0 Comments)

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Good evening! A quick note to let you know that we will be closing out one more trade on tomorrow’s (Friday) opening, our July 19th trade where we went Long Apple (AAPL) and Short Blue Nile (NILE). The trade currently stands at +22.57% but Blue Nile announced its latest earnings after the close. Those earnings were improvements but did come lower than estimates so I would expect the return on this trade to end up being even better. Time will tell:)

 

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