Don't you just hate it when your Dick's slipped right out of your hands?:bang Head:Damn. I missed it. Had I known Dick's was about to make another announcement I would have been in there shorting their stock like there's no tomorrow.
It's generally good advice to new day traders to stay away from a trade on the day when an announcement is coming out. Too much unpredictable volatility. But in the case of Dick's, every time they open their mouth, their stock drops. It's like a siren call to the knowledgeable, "Short me! Short me!" But crapola, I was out shooting today and missed out on the trade. Good day shooting though...
Oh, not to worry, there will be more opportunities in the future!
All you have to do is listen to the (obviously young) goobs making glowing upbeat statements while their business is going down in flames due to political correctness.
Reminds me of the band playing on the Titanic as the water swallows them up.
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