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Office Depot, Inc. Message Board

  • ldulau ldulau Jan 15, 2013 5:31 PM Flag

    price?

    how high can odp go? Options are very bullish. Should be over 4 bucks soon.

    Sentiment: Strong Buy

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    • history tells us that once a stock breaks 52wk high it typically peaks in following weeks.. therefore, you should put your floor at higher level...
      But generally, if the news is good and the fundamentals are strong, these factors eventually prevail and the stock breaks past the 52-week high. Once it breaks through, share volume will vastly increase and the coiled stock typically makes a jump in excess of average market gains.

      Good news on retail came out yesterday and more news on how the option CALLS outweighed the PUTS...which is a good sign..

      ofcourse you can ask that pimple faced 17yr old Mr prohet.. lol.. .who apparently is the first person ever to cost average his options on shorting??.. what?....lol....

      • 1 Reply to sandra.mcbee
      • yesterday, 1/15/2013, the stock was trading at $4.47 premarket. That's a huge sign as to where the stock is headed in the near future. And plus, like you said, the option calls out number the puts by a long shot. I think all of the longs on this company will be making some money after the earnings report is released next month. stay tuned.......

        Sentiment: Strong Buy

 
ODP
5.61-0.09(-1.58%)Sep 19 4:05 PMEDT

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