Counting with Doug: Financing a trip to Lake Tahoe solely with blackjack winnings?

Pulled the trigger on the LOPE!

Decided to put money on the line with the Grand Canyon Education (LOPE) trade, and to play the bull flag today. I purchased 500 shares at $25.76, and will see if it can hold the 20 day SMA; my initial stop level will be to get out at a close below $25.25. As or a target, a close at anything over $27.25 would produce a 3:1 risk ratio, but if this one proves right I would be inclined to let it run with trailing stops in place. Will keep you posted!


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