Seems the market had different plans after we prepared data on 71 different companies.
The egg on our face is thick and rich.
We were able to trade on parts of the list but needless to say this involved quite a bit of scrambling, but not chasing.
Markets are dynamic as they are constantly changing.
As we have said before opportunities exist... sometimes it takes more of an effort to discover them.
We traded in about a dozen names, ones that failed to fully react to the abrupt clime Monday.
This required scouring for opportunity and repricing away from the analysis we had done the prior weekend.
Static or rather closed markets are wonderful to price trades, it is only when the move that the challenge begins.
We will begin repricing the trades we did this weekend and presented on Monday morning. Honestly, we are looking forward to looking at the pricing changes and adjustments after the strong market move.
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