The analyst trimmed some VPG shares last week and would not buy VPG at current levels for short-term trading, preferring to wait for Nasdaq stabilization.
The company was a highly asymmetric bet that gave good returns, but current levels are not attractive for short-term buying; waiting for market stabilization.
@petranto Hey thanks If I were to trade short term I wouldn’t buy VPG on those levels I even trimmed some last week I would wait for things to stabilize on the Nasdaq But the company which was a highly asymmetric bets gave good returns
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | -0.5% | -0.2% |
| 1 week | +2.2% | +1.7% |
| 1 month | — | — |
| 3 months | — | — |
| 6 months | — | — |