It’s true, I hated my last pick of the week

A terrible dirtbag of a company 💩

Author

Melissa Bishop
December 03, 2023

Can Jeff top last week’s Hall of Famer?

Trading is hard, results not guaranteed and should not be expected to be replicated typically.

Did you know you don’t have to love every company you trade?  Same as sports betting, I may hate the Giants but I would bet on them if there’s a buck to be made (not the Eagles though, there is a line!)…

Same feeling as last week when I picked AFRM as my Bullseye Trade Idea of the Week.

Here was my ACTUAL email to members from last Monday:

This week, I really can’t believe I am picking this stock.  It is one of my least favorite stocks, but I think this could be a great week coming up.

As you probably know, we had another record-breaking “Black Friday” for overall sales last week…

The market isn’t really cheering this on, but there is one segment that had a big hand in helping get this number to record levels – the “Buy Now, Pay Later” (BNPL) group.

Those are the companies that let you finance your purchases easily over several months, at a high-interest rate, of course!  (so don’t do this!)

The leader in this little group of stocks is Affirm (AFRM).

I think the surge in sales could provide a temporary boost for this stock over the next week.

Now, the problem is that the stock is already trading 50% higher than it was a month ago.  And don’t forget, I hate this stock.  It is junk!

Just because a stock is “junk” doesn’t mean that it can’t make a good move for a short period of time, though.  We just saw this stock make a significant move, as I just pointed out.

AFRM also has very high short interest.  Something in the neighborhood of 20% of all the shares outstanding are sold short.  

This can provide a temporary boost as some of those shorts have to become buyers when they close out their positions.

As much as I don’t like the stock, I think it has a good chance of making another 10%+ move from here.

My Bullseye pick 🎯 this week is to buy Affirm (AFRM) calls.

I then laid out my exact trade plan:

My Trade Plan Details:

  • AFRM Dec 8, 2023 $30 calls near $.40

  • Stop: Close under $25

  • Target 1: $30

  • Target 2: $33

And hit send to over 12,000 of my members and then that was it! 

I think my members are constantly refreshing their emails because no joke…it rocketed right out of the gate. After 40 minutes, I inducted it into the Bullseye Hall of Fame:

It continued to blow minds throughout the whole week… and by Friday those calls were up 1200%!!!

Now, I don’t usually post about my pick of the Week results the DAY OF or even by Friday after the picking – as I let the plan play out for over the next week or two as these positions can take time to work out.

But folks, I’m not sure I’ve seen a faster mover – wowza!

It’s true.  I absolutely hate AFRM.  I think it is a terrible company.

But, I don’t let emotions or feelings get the best of me.

When I see a stock that has all the catalysts I saw for AFRM last week, I have no other choice but to make it my official “Bullseye Pick of the Week.”

Of course, after nailing a 1200%+ move for the options on AFRM, I must say that I like the stock a little more right now!

What could possibly be holding you back at this point from learning much more about the market and finding some amazing trade ideas?

It can’t be the price.  I have slashed this to a ridiculous level right now.

If this low price isn’t enough, I am also offering a full 30-day satisfaction guarantee.

So what’s your excuse not to give me a try???

Just watch all of my picks for the next month.  Study all of the lessons.  Attend the live trading sessions.

You will be blown away by the amount of value I am providing week after week.

It could turn around your trading journey in 2024.

Give Bullseye a try (JOIN HERE) and make sure YOU are in for tomorrow’s pick!

It all happens around Market open tomorrow – so make sure you don’t miss out again.

I don’t know if I can beat last week’s 1200% potential winner, but I am going to give it my best shot – and I want you right there with me!

To YOUR success,

P.S. If you’re already a Bullseye Trades member, why not consider upgrading to Bullseye Unlimited where you’ll get my TOP THREE trading ideas EVERY DAY including Monday’s Pick? Make the leap today with a monthly plan (new)!

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