I sold some SNF today at 15.50. It's daily high is 16.82, which is incredible! I don't know what is the explanation for that. Either it's buy back by the fund itself (not likely) or somebody is buying a lot of it.
TSCM is trending down second day in a row on a slightly elevated volume. Should be a good buy under $13. Looks like some fund is selling a big position.
The end of trading day is awful. It's brutal. I want to ball up and hide like a hedgehog.
Full disclosure: at the time of publication author had long positions in SNF and TSCM. Positions can change at any time.
Disclaimer: This article is not intended as an investment advice. Every person should make her/his own investment decisions based on all available information and advice from her/his own financial advisor.
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