Thursday, May 17, 2012
Bought panic today, again. Added to my Red Hat (RHT) position. Current market carnage might well continue, sure. But today's action close to the end of the session was a panic, and I an a buyer, not a seller of panic.
Disclosure: I am long RHT.
Additional disclosure: Positions can change any time.
Posted by Alex Filonov at 10:34 PM