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The Priceline Group Inc. Message Board

  • insect_insight insect_insight Feb 27, 2013 10:53 AM Flag

    PCLN market maker will DEFEND 690 FLOOR!


    In case my sweet little AMATEUR PCLN BASHER FAILURES didn't notice, as soon as PCLN approached that 690 floor, the PCLN market maker bounced it upward.

    More than likely many o the PCLN market maker's own WRITTEN PUT positions (most of which are likely naked) become endangered at prices below that point, so he should DEFEND 690 and, under no conditions, allow any intra day dip below the 650 point, a price point that he MUST DEFEND with his life.

    Ladies, like i earned the right to say many moons and learn from your intellectual and LEARN!!!

    This topic is deleted.
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