Strategy Description: ENDP got absolutely crushed on the VRX news, which kinda didn't make sense given that the allegations on VRX were company specific (at least for the most part), but of course market can stay irrational for as long as it likes. However it does make a preferable bounce candidate.
Aside from that just the same as the VRX bounce play, except that the tape should be somewhat cleaner/less volatile with less headline risk, so you can get a little more aggressive with starters and with anticipating trend change. Analysts will come out and defend at some point as well which can be important information.
No comments:
Post a Comment