Gambling on two stocks here.
First one is Rite Aid (RAD:NYSE). Got in three days ago at 4.23 before the announcement by Fred's and Walgreens which supported the agreement between the three to be pushed through the FTC and gave the stock quite a boost. I'm expecting the deal to be cleared later this month and the stock to jump to $5.90-$6.
Second stock is AMD. The stock fell 7% almost simply based off the Goldman Sachs update to a sell rating which I think is kinda bullshit. Got in today pre market at 13.28 expecting the price to recover a bit today but more importantly gambling on a jump to $15-$16 post 1Q earnings later this month and as more news comes in about Vega.
Let's see how it goes. I'm rather new to this but hopefully all the years of schooling taught me something. Always open to criticism
Submitted April 07, 2017 at 05:57AM by shabbahali http://ift.tt/2p8Pw2c
