But I like the opportunity for a speculative long as well as a nice balance against other positions that could drop if Covid increases.
The initial target here is $16 with a secondary target of $17.50 on this breakout, with a time frame of a month or less.
The market pullbacks are more positive than negative.
Planet Earth has had a hell of a first half. I just don't see it getting better in the second half.
As a whole, publicly traded restaurant names are doing better than I would have expected year-to-date.
Would I buy the name on this dip? Not yet. But here's what a trader could do.
Let's look at QURE following its licensing deal with CSL Behring at the time of my initial covered call order.
The EV market is nowhere near saturation yet. I believe we'll have some additional expansion before we begin to see takeovers.
This entertaining battle can be a lucrative one if you can navigate the movement nimbly.
The key to portfolio management is reallocating assets and instead of doing that Berkshire seems to have done nothing.