Mon, Apr 21, 2014, 6:43 AM EDT - U.S. Markets open in 2 hrs 47 mins

Recent

% | $
Quotes you view appear here for quick access.

RPC Inc. Message Board

  • matt_oconnor2000 matt_oconnor2000 Mar 10, 2012 9:45 PM Flag

    post split it will be around ten

    I am still talking pre split era. If you look at a 5 year chart for RPC in the period from March 1 to April 15 on average the stock moves about 30 % in that time frame. If you take 14 as the low and add 30 % it should take you to about 18.20 before you hit resistance, and that is based on the 5 year history without any premium attached to Middle East conflict etc.

    On Wednesday the day the stock was at the low about 20 % of the April 15 calls changed hands. I bought at 90 cents that day and sold a few on Friday. But the amount of buyers to sellers for those calls on Friday was intense with hundreds at the bid and only a few on the sell.

    Precious few calls were sold despite the call option increasing in 40 % since Wednesday. In my view the stock will hit 20 dollars before April expiry.

 
RES
21.04+0.06(+0.29%)Apr 17 4:03 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.