USAC stayed down longer than I'd thought but this week was a complete breakout. My options printed very nicely and, since I'm a firm believer in profit taking, I took them. I still think there's further up to go. We may see the mid $18s.
The only reason I can think for this sudden change of trajectory was the raising of a price target (the firm's name escapes me) to $15.00.
The only reason I can think for this sudden change of trajectory was the raising of a price target (the firm's name escapes me) to $15.00.
