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Originally Posted by Hog's Gone Fishin
Golden opportunity to make some 100% gains on bank stocks
I grabbed some PACW and FRC for the rebound
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The good news is I got WAL in the low $8's. Was looking for bottoming price action and wanted to buy once it cleared the nearest whole-dollar psychological barrier which turned out to be $8.
The bad news is I piked out in the low $11s out of one of the early volatility halts. I was thrilled at first because it was a scary stock to be in and I was just glad the trade worked, then it went almost straight up over $25 and I wanted to puke. Left a lot of meat on that bone. Almost feels like a loss.