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Otter Tail Corporation Message Board

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  • balegoba1966 balegoba1966 May 5, 2006 11:35 AM Flag

    NKTR to hit new 52 week high today

    Look at all the open May $22.50 calls. I think there will be a real battle to hold it below $22.50 until expiration. But if it breaks that on volume, away we go. Great chart pattern so far today...support setting up above yesterday's high.

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    • i'm shorting JCP and BBY.....

      and the GAP (GPS)...which is particularly interesting. sales there are dying, and yet it is being pumped up. ridiculous. i figure this is a 12 buck stock when things really start tanking.

      JCP -- because their customers will be target, kmart and walmart customers in a heartbeat, if not already

      BBY -- becuase they are in a business where discounting is fierce, and the products they sell are almost entirely discretionary. no one NEEDS a big screen LCD.

 
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