no news that i can find. any comments
insane action up .35 then down .35 then up .35
Yep. Been an interesting week.
It does happen to KLIC more frequently than any other stock I follow.
I profited from both. Made a little on the down (by buying back the calls I wrote last week). Used that profit to buy calls, and I bought a little common too along the way.
I rarely make money whne it goes down. But when we'v had a nice run often I hedge some.
Good luck to you!
I saw no news either. It was a 5.5% drop with no news on phantom fear. Most likely a good day to buy. I saw a 47,299 share purchase just above the ask price go for $10.67 at the closing bell = 15.00:00. Tomorrow is another day....
Welcome to KLIC....
That's about all I can say.
Gotta try and be positioned to take advantage of these sizable moves (either way) on no news.
And "scale in, scale out, online commissions are cheap".