Trading a Secondary

In this trading lesson Steve discusses trading secondaries. A secondary occurs when company insiders sell shares generally priced below where the stock has recently been trading to entice institutional investors to purchase. $CDW recently sold 15 million shares at a 3.2% discount which set up for a great trade. Enjoy the video! no relevant postions  

SMB Radar Update for July 28, 2011

There has been a lot of long and short opportunity in the market today. Here is a snap shot of some strong and weak stocks based on the SMB Radar going into the close. The Strong/Weak Today column ranks stocks based on the price change relative to the stock’s opening price. These stocks tend to have strong/weak opening drives and continuation … Read More