Trials and tribulations of my stock trading and investing experiences. Lessons learned, both good and bad...that will hopefully benefit others.
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Showing posts with label edwards lifesciences. Show all posts
Showing posts with label edwards lifesciences. Show all posts
Tuesday, April 07, 2009
New Short Position
I got my entry point into Edwards LifeSciences Corp (EW). I purchased 1 May $55.00 put @ 2.10. I believe the latest news on its new software "Flo Trac" is already baked into the recent price. In addition, looking at the technicals the stock is beginning to trade below its 5, 10, and 50 day moving average on light volume.
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