Buying STX @ $47.65
2% position
The last time I traded Seagate, I wound up dumping it because they cut jobs and showed that it's not #antifragile. Shares are down and have drastically underperformed the technology group. I still like the story and metrics, so I'll give it another shot here down ~10% from where I sold it.
The red day in the market shows that reality still glimmers, even if it's transient. Reality will win. Don't get too long just yet.
2% position
The last time I traded Seagate, I wound up dumping it because they cut jobs and showed that it's not #antifragile. Shares are down and have drastically underperformed the technology group. I still like the story and metrics, so I'll give it another shot here down ~10% from where I sold it.
The red day in the market shows that reality still glimmers, even if it's transient. Reality will win. Don't get too long just yet.
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