thanks for the input, but I feel that the only thing holding this up is the prospect of higher earnings through exponential growth. Not saying you aren't 100% accurate, but I trade on my gut and right now my gut is saying buy some puts because the growth rate, the revenue, and the earnings could all come in lower than expected indicating a peak and that would send this into a complete death spiral.
I feel confident in my short positino right now, I'm trying to get some input from a long on why I'm wrong.
And I have a hard time believing calls or puts are not the way to play this, the stock price has grown exponentially to a P/E of 800+. That makes this extremely volatile in my mind even if the volatility ratio isn't high at the moment.
This stock exhibits all of the signs of being manipulated for the benefit of insiders. Two simple questions: 1. Can you depend that the price will not continue to be manipulated? 2. Can you depend that the price will continue to be manipulated?
And that is the main thing that is wrong with the market these days. There is no free market and fundamentals are meaningless. Why would anyone with half a brain gamble withe their money (it is not investing) in a market that is blatantly controlled and manipulated for the benefit of insiders?
Tell me ... if you had a choice between particpating in a market that is controlled by insiders for the benefit of insiders and one that is a free market where price control and manipulation is banned and prosecuted as criminal, even if there was no guarantee of liquidity, which would you choose?
It seems as if this would be a business opportunity if the "too big to fail" banks did not have a lock (monopoly) on all access to capital.