Not much of a short-term trader but I added another 500 to my short this morning at 231. It seemed a gift. I'm also a skeptic when it comes to conspiracy theories, but between huge late trade at 4pm yesterday and AH nonsense I'm beginning to wonder.
I would bet a lot on that. Max pain on today's expiration is $230 ... do you think that it is a coincidence what has happened on low volume this morning? I say back up the truck and short the Hell out of it at $230. It will be $200 within a month based on the terrible numbers and the absolute arrogance on the call last night. This company cannot live up the expectations - they are in trouble and its a shame becuase it is a good that offers a good service, but they got ahead of themselves and now have a God complex by the way analysts have given them everything.