$SWCH #switch #investing #stocks
Switch has had a good run up 100% in 6 months ( yep)
On the daily there is a large gap up which i feel will be filled.
Time to breath, and running against some fibs and trends. I will see after Monday if i get some puts on Tuesday. They are quite cheap with this stock moves are quite large when it gets going.
Negative Free cash flow.
Net margin 5%.
p/e 120
I like this company but it needs to settle.
On the daily there is a large gap up which i feel will be filled.
Time to breath, and running against some fibs and trends. I will see after Monday if i get some puts on Tuesday. They are quite cheap with this stock moves are quite large when it gets going.
Negative Free cash flow.
Net margin 5%.
p/e 120
I like this company but it needs to settle.
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