Home Stretch

Written on Feb 07, 2011 // Uncategorized.

I believe we’re in the clear. SBUX traded sideways for the first half of the day, and slowly dropped to close at $0.15 below the open. But I anticipated more movement on a dividend day. I predict that SBUX will continue to bounce modestly over the next several days, and I think there’s a good chance now that it will close between my breakevens.

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