I like long $SMHI over $25pps. IPO open price has given overhead supply for several months now, once it gives it should allow a new trend to form. Earnings to navigate early August, but generally this looks like a great opportunity in a relatively new issue.
Bullish sector should provide a sales tailwind going into 2019. If they execute well, the sky's the limit.
Expectation of holding 2W-24W, depending on performance. Downside risk max 10%, contain to less where possible. Upside target starts at $30pps and will vary depending on performance.
Bullish sector should provide a sales tailwind going into 2019. If they execute well, the sky's the limit.
Expectation of holding 2W-24W, depending on performance. Downside risk max 10%, contain to less where possible. Upside target starts at $30pps and will vary depending on performance.
Comment:
stopped out of this one