I wouldn't say "Enjoy your $70.00 windfall." is harping, it was just a statement. The end of the quarter is here, load up and short away, and we will see who is correct.
I'm replying since you chose to harp on the quick $70 profit on RHT earlier this week. The profit on RHT grew today as I bought puts in the morning and chose to sell them late in the day. I don't have a position in RHT now and probably won't until after the end of the quarter. It's possible there was no need to close out the put position, but it's done.
"Why would another company pay $60 a share for RHT when they can buy the company for less later this year. I'm just trying to figure out if there's more end of quarter window dressing here and if I should wait until next week."
So why, in your expert analysis, is this stock going to be a short target? The only way this stock is going down is if they miss projections, and this is one stock that does extremely well in tight economic times as well as good. Any buyout at this growth rate, with the assets this company has, and the Fortune 500 client list, is certainly $60.00 per share. Let's face it, you are a trader and many of us are investors. Enjoy your $70.00 windfall.
Really? You think that THIS stock, of all the hurting puppies out there, is the one to sell now? Increased earnings, increased sales, higher margins, and over 1 BILLION net in cash on hand and investments, wide moat, leader by far in its catagory, and you think people should sell now? Go pedal you horse hockey some place else! Maybe Evercrazy or Evershort, but I highly doubt Everfoxy.