NOTICE the games being played!! HERE is my take on the situation
SO we hit 420ish area and now becomes oversold and than bought. Than we have rumors and all kinds of games played to prop the price back up and we move 50 points higher. Than we get downgrades and now we have a sell off about 30 points from nearing 470. I am long 455 calls which I bought on the cheap. I think we go higher next week in the start of the week only to sell back off the second week. WHEN upgrades happen the boys want to unload the shares. WHEN Downgrades happen they want to buy shares. It goes feel like catching a falling knife because its hard to time it but lets see what happens. WE have heard nothing from the company in a long time maybe the start of a new quarter and some good news can get us to rise again. I will get out on Monday if this goes red again.