$74 after down 10 after ER, up 2 few days later to $76, and still there 5 week later at $76 ... Horrid!!!
This stock has really been stinking it up but we still have cheerleaders saying it will zoom to $90 nearly every week. After a really cold winter the stock still can't get out of the mud. Wow this stock must have a run soon but can it be trusted?
Don't be a drama queen. This stock works with covered calls best. The premium is high and it fell under my 77.50 strike as usual. For this next week, the real play is to look at selling the 72.50s or 75s for the week if your DCA is low enough. Played this now for two more weeks and a $3+ gain.
Really only one cheerleader here and he is certifiable. If this pops, he will ignore his ridiculous rants and calls to 90+ saying he was right...if wrong, will say he is a long-term investor. Stock could go either way this ER...
No drama. You are taking continued losses on the stock and cutting losses by selling calls. It is a good strategy if you are a believer that eventually the stock will rally. and you have NOT sold the calls when it does. I get the weekly yield strategy.
I made +$1900 on three 500-600 share trades in the last few days and am now long at $77. I try to make a point and buy near close usually to swing the next day. I caught $1.34 today on 600 shares after I saw it down so much then it popped soon after. DECK often trades up then gives back by the close as I am sure you have also seen. Up $1904 this week is better than a kick in the head. Add another +$400 trade in FB and hey not bad.
I really would like to see a rally but falling the last $4 has been a killer. I am in a out but watching every day. I would hate to get caught short here. More up side than downside here I say but stock has not performed well.