A whopping 16,000 open call contracts between $5 - $7 for Feb. vs. just 3,000 open puts for same strike range. I told you kids a while ago that all those calls would expire worthless and expire worthless they will as the powers that be keep this pup pegged under $5.00. Smart money WROTE those calls in recent months to the hedges and have made out quite well. No better game than the stock market...if you know how to play :-)
Massive imbalance of open calls vs puts (tried and true contrarian indicator) + bad looking charts on multiple timeframes + $350 million in debt + Seeking Alpha/Motley Fool being "perma-bulls" on the co. for so long (no better contrarian indicator) + yahoo MB being 99.99% bullish (another very fine contrarian indicator) = BEARISH.
Mathematics was not a favorite subject of mine in grade school or college, but the aforementioned "word problem" I can do :-)
IMHO, only folks. GL in 2013! Shaping up to be another strong year for most equities.
So what is the point? If you don't care for EXEL why do you come to the MB and go on about it?
If I dislike a company I don't buy it, end of story. I wouldn't go on the MB and write a Brief on a company I dislike.