Lazy Trade Long & Short: QIHU & PRGO
So far on the day, outside of adding CRR as noted in an earlier post, I've also added QIHU at $24.00 which is today's lazy trade long, and closed out ALXA at $4.84 for a measly 0.2% gain from $4.83. While it doesn't seem like much, I always tell folks to take pride in the measly gainers because at the end of a trading year, they do add up, and they do represent adverted losses. Though the cash earned might not be significant, the loss avoided is!
Remember: Trading is a game of inches.
Here's today's Lazy Trades:
LONG: Qihoo 360 Technology (QIHU)
SHORT: Perrigo (PRGO)