2/6/25 - $swks - Premkt $63, why not swing long

6 Şub

2/6/25 :: VROCKSTAR :: SWKS
Premkt $63, why not swing long

- did a (private) review of the semis names i've tracked over the years in early Jan to get a start on the year... and SWKS was a pass
- that being said, 10% fcf yield *seems* to be the place where markets trade stocks (at least in today's tape) WITH growth/and or terminal value issues, more the thumb than the rule and definitely not the rule of thumb (which is interesting and a bit odd if you've ever looked into that... i digress)
- swinging this only
- with such a dramatic move, vol at open could be huge but i think i probably lose 5% at most near $63 and perhaps the upside should be back toward -20% so it's a 2-1 look for me more or less.
- small position. licking wounds at the moment but still net net a good YTD performance (though we always measure ourselves from the high water mark). PI is going to murder me today - i'll probably blow out of that and just wait out the storm without the distraction on my PnL... again digress.

whatchu think anon?

V

6 Şub

İşlem elle kapatılmış

+4.7% to $66 here. i'll take it. that was the plan.

V