I sold half position at $50 in afterhours. I also have the August 45calls for 80c. I hope it stays north of $50 though. I bought this yesterday when the news of the Nolo hiring came out. I was thinking it would go to $50 eventually..not the day after earnings.
Just sold (LOCO) at $34.74. The way it's running this morning there is probably more upside, but I figured I should lock in the profit now.
So HALO halted trading today awaiting an announcement. Could this be the big news and subsequent rise? I took a gamble on this biotech so lets see what comes out of it. Update - Trading resumes in about 20 minutes and the news is a 15-1 vote in favor from the FDA. Could be another step closer to full on approval which would be pretty huge.
What do you think of Alibaba? It might be better than I anticipated. They're in talks with Snapchat right now.