Friday, January 31, 2014

Friday's Prospects: Round 2

The survivors of the first round of my screening -- see "Friday's Prospects" -- are tending toward the less liquid end of the scale. It's not a great choice.

The best of the lot is a potential bear play on the Puerto Rico-based bank-holding company Popular Inc. (BPOP). A complicating factor is the fact that Zacks gives BPOP a bullish rating, contrary to the potential trade. In itself, that isn't a deal killer. I'll get a better sense of things once I've dug into the financials.

I intend to post an analysis of BPOP later in the day.


My trading rules can be read here. And the classic Turtle Trading rules on which my rules are based can be read here.

Tim Bovee, Private Trader tracks the analysis and trades of a private trader for his own accounts. Nothing in this blog constitutes a recommendation to buy or sell stocks, options or any other financial instrument. The only purpose of this blog is to provide education and entertainment.
No trader is ever 100 percent successful in his or her trades. Trading in the stock and option markets is risky and uncertain. Each trader must make trading decision decisions for his or her own account, and take responsibility for the consequences.

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