Don't think this the buyback announcement offsets initial disappointments on quarter results. Is good to know they are in there buying stock back for the long run. Think we stay range bound over the next few weeks b/w $80 and $73 imo.
Doc , I need a second opinion.
This has to be short covering. The announcement was #$%$. Give it a few hours to see what happens.
let mine go at 81. looking to re-enter -75. bta, tt
Change your mind?
Sold mine about a buck too soon. Happy to get a nice move on the long side. The May $80 puts are around .70 and worth a look for protection or as a bearish bet.
Nice job punbr, you remained impartial and took your bag of loot! The move from 67 to 80 was impressive and decisiive as I was saying. I hope its my turn now. ;) Again.
Those puts are now over a buck and still worth a look IMO.