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(Confessions of a Stock Operator)
​Start Date: 9/20/2018
Read My Confessions

Is It Time to Pull the Trigger?

2/16/2017

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What a wild ride with this stock?  A year ago I recommended this stock to free subscribers and we saw the stock go from $21.50  (initiation price) to a high of $31.19 in just a short few weeks.  Netting traders an all around solid gain. 
Since hitting that high back in August of 2016; shares of $AOBC has taken a nose bleeding nose dive and the stock currently trades at $18.41.   How did we get here?

The election of a new POTUS?  The silence of the gun control lobbyists?  Maybe sales have been a little sluggish?  Maybe it’s a combination of those things or none of the above. 

But for us traders/investors the question remains, “is it time to pull the trigger?” 

Should we sell this laggard since its currently down more than 40% from its high or should we buy this beaten down gem? 

ShortMeTina has every intentions on buying this stock; but only when the price is right. 
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    Author

    Tina "ShortMeTina" Ley (pronounced Lee) holds a Bachelor of Arts in Forensic Psychology and a Master's of Science in Mental Health Counseling and has been a stock market participant for over a decade.  Currently a Full-Time Trader and Blogger of all things financial.  ​

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This website is for information and illustrative purposes only. It is not, and should not be regarded as investment advice or as a recommendation to buy, sell and/or hold any securities mentioned.  All investments carry risk, there are no guarantees. Investors should consult with their advisers with respect to their investments.  Please read our full disclaimer here. 

CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

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