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

ЕЛН Message Board

  • augustbroker augustbroker Jun 22, 2012 1:43 PM Flag

    ELN stock $ trend (imo)

    it is to difficult to predict daily moves but the
    pull-backs seem to be not only short lived but they
    seem (more often than not) be making higher lows from
    the previous pull back, then it bounces back w/$15
    still being R.
    It appears to me that, assuming no new news in the
    next 2-3 weeks, ELN very well could test the $15/shr
    area again. just look at the 3 or 6 mos chart.
    in addition, it does seem that options and their
    expirations will/can influence up/down ELN's stock
    price on any given day.
    net, net; I'm still playng ELN from the long side in
    a reasonably big way. I may sell some 'aug' atm calls
    the closer we get to $15 just to hedge a small part of
    my bet. I'm staying and hoping for good news.