Stock price is still 15% below the high in March. Hedge funds took a big hit in October and need to catch up.
Watch PCLN fly to new highs.
Leading to further profit-taking tomorrow...I would assume.
Still I don't see MMs letting it swing too much in either direction so close to OE this Friday.
Worse case scenario...1155. Assuming of course NASDAQ doesn't rollover as well.
Doesn't look like we're going to get the 1172 close, which I was hoping for to propel us higher...
Now, I suspect we might see her give back some more tomorrow due to further profit-taking if markets pullback further.
Either way, if your weekly call are ITM...I suggest taking profits just in case tomorrow turns out to be another down day for both PCLN and the markets.
BIDU 65% ( just to mention a few)
PCLN belongs to this group, MMs will want to own it this year. That is why you have big spikes on quiet days like Monday and Tuesday then they sell calls on it and keep the price at $12 range of the previous close, then buy a lot more of the stock all the way to the 52 week high.
52 week high of $1,378.96 : will be in the river view mirror in the next 6 weeks.
Sentiment: Strong Buy
When she failed to hold 1172 I sold all of my weekly ITM calls, can't get too greedy. Ended up with another nice profit...not what I was hoping for, but than again I'm not complaining. Still have the rest.
How does it feel being short since $1050? Bend over sheep man. You have zero credibility. You are the Clown Boy of all stock message boards.
Truth be told, I already have more than enough shares... Also hold a sizable position in both the Dec. 20'14 $1150 calls & Jan. 17 '15 1175 calls--both of which are comfortably ITM presently.
Agree somewhat, first we need to work through the 100DMA @ 1195 and than the 200DMA 1211 before we're off to the races once again... But with a still sizable short position--the most stubborn of which are now trapped, I don't think it will be long now before more and more of them are forced to cover and when that happens we'll not only take out the 200DMA, but well probably see PCLN venturing somewhere in the high 1200s by the time Q4 in mid Feb. '15.
the last pcln run was from 1,017 to 1,229 pre-earning
after earning stock dropped as low as 1,081+ and now
back up +100 points again = gotta scoop up this gem
whenever she is on sale big time ... thanksgiving and
christmas travelling is upon the traveling industry to
make big bucks this holiday season baby = ho hum
All they need to do is announce a 1 billion share buyback and we are off to the races. They have 5 billion in cash doing absolutely nothing. Lets unlock some value here
The gap hasn't officially closed yet... On a closing basis PCLN went from 1198.52 (11/4/2014) to 1097.70 (11/4/2014) post Q3 earnings--that's a decline of -100.82 points, or 117.13 points based on its intraday low @ 1081.39 (11/5/2014).
But no need to worry, momentum and further short covering will see PCLN retesting 1195 its 100DMA soon.