May. 5 at 7:29 PM
what a day,
$INTC on a ripper, I missed the entire move. I woke up late and the market had already shot up. I worked on my baseball blog most of the morning, I like the Guards (-120) tonight.
Closed my position in
$CMG - stock posted up at 32.00 and I didnt like the price action. I'm happy with a 9% gain on the trade and will look for another spot. I am looking for a short trade in
$BLMN - Outback Steakhouse and their greasy onion rings could be closing up locations. Flemings Steakhouse, Bonefish Grill, neither are irreplaceable, both are likely garlic toast. If Applebee's is on the ropes, so is Outback Steakhouse.
I went long
$MGPI, all-in, I didnt get a great fill at 20.20, market was moving away from my bid and I decided to buy the offer. I'll take it into the end of the week and see how it goes.
There has been some strength in the stock after the selloff last week. Up 5% today, I'm looking for another 10% gain on my trade.
