06/07/2015 – Qihoo 360
Qihoo 360, QIHU:
1. In our Thurs., June 4 Williams edge stock meeting it was noted that any breakout or daily close above $55.82 in Qihoo could be bought for an advance to $59/$60 or higher.
2. On Fri., June 5 QIHU broke out above $55.82 and completed the initial $59/$60 upside trading target (and higher). Any remaining long position should be exited now at current prices (current price $65.00). Will message any further entry or indication in Qihoo.
David Williams
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.