NOW you may call me a SHORT. I am long March $8.00 Strike PUTS @ $1.25/contract
CGA was trading @ 8.10 I tried to get filled earlier when it opened, but couldn't get the bid.
NOW you will see what resistance is.
The $5.00 strike has 3008 open interest.
The $6.00 strike has 2700 open interest.
The $8.00 strike 1302 with 67 new contracts today, closed @ $1.15 with lowest volatility premium of 110.13%
Put/Call ratio, heavily favors the puts and the volatility premiums are lower than the calls.
Hope we get one more little surge tomorrow so I can get filled at $1.00 on the $8.00 Strike
I don't care what you believe. As far as shorting this the day after a huge plunge. LOL, I don't chase knives anymore than I chase rockets. I'm waiting for the obvious resistance.
Here's a fact. This stock has only traded ONCE (For 4 days) above the down sloping 150 EMA, since the end of APRIL 2010
That EMA is still in a negative slope at $9.36
This will never see $10.00 and I'm not sure what the option open interest is yet cause I haven't looked. So I'll decide between those 2 strikes after consideration. Doesn't matter if this rises another .50, it'll be an excellent short opportunity before the week is over.
Watch and learn.
We all know you've been lying.
HERE'S THE FACT (AND I WON'T ACCEPT ANYTHING OTHER THAN THIS):
-YOU SHORTED AT $7.35 HOPING IT WILL GO TO $4.
- YOU ARE THE BIGGEST LOSER ON THIS BOARD, JACKTURD.
- THERE'S NO WAY YOU HAVE NOT SHORTED AT $7.35.
- YOU WAITING FOR $8.54 AND PUTS AT $12.50 HAHA .. I DON'T BELIEVE IT.
- YOU'RE ALREADY A BIG LOSER TURD.
Still hasn't closed above resistance of $8.54
Tomorrow might be a great day to buy the March $10.00 or $12.50 strike PUTS
Then you can call me short. Not until I tell you. Right now. I've been watching and waiting for the resistance. If it convincingly makes it past the 50 EMA, it'll get slammed at the 150 EMA, not to far away.
How pathetic is that, shorties loosing the ground, your tricks not working.Price coming back all the the time.Tried to by closer to $7 before the weekend,no chance. Looks like somebody is buying.Bashers practically sleep on the message board and still no result. I don't think so we can count on you shorties and bashers to by any cheaper now,I'll buy on the next deep if they will be more convincing with their fiction if not I'll be happy to.
And you are pathetic winner with a veeeeery convincing chart, poor guy- typical shorty bagholder.
fear is working only till you get rid of shaky investors, from the buying not many of them left, just shorts sell to shorts looks like you are the last ones.
take care and good luck with your charting