Tue, May 21, 2013, 7:42 PM EDT - U.S. Markets closed
Watch it jumps to $35 even faster.Loaded up again on this fake by the panicking shorts.++++++++++++++++++++Another thing to watch - MCP may be acquired by a bigger high tech company in the end.$120 will be too low.
Remember this topic of mine?
Jump in with both feet every time when they faked the selling pressure.It will hit $35 very quickly.
Well, just look at the pre-market - it is gapping up as I expected yesterday in this topic.Those shorts are doomed, and they knew it. Thus the raid yesterday to get some cheap shares from those idiots using tight stops.Shorts are on the ropes.
Last Friday, those shorts tried to pressure the stock, but they lost miserably.Today, they gave it another try, but only added fuel to the fire.MCP is going to $35 next. The more they pressured it, the faster it will get there. It's just part of the game.Buy the stock is the only way to win big this time.
I'm with you...but that doesn't mean I'm not nervous. I have some calls for this week. Action did seem quite strange. Tomorrow will tell.
weeklies, especially bought on friday, will be extremely hard to profit from.
Better sell those March Calls and go out further. Decay will eat it up.