Looks like a lot of resistance at 17 but I think this time it's different, company buying and pushing shares up. I don't know but this time seems different. I hope this is the big one. Been doing some day tradeing but don't want to sell this time.
This stock is going higher for two days the market has sold the sold stock by either the shorts or a fund is selling as soon as it hit $14.75 it takes off like a rocket like today. I'm looking at the calls that are over three thousand calls at $15 that expire in Apr 20th and 2500 $17.50 calls that expire in Apr 20th. I think soembody owns those calls and they plan on the shorts provided a nice profit to them. I think $17.50 would work for me. The company said there shares are under valued in their opinion. THey had 38 million in cash on the call and have 11 million in share repurchas avalable. It indicated they could have the board authorize more in the future. That does not seem like a good stock to short.