Run must be coming to an end, why?
Check out the Street.com's article. When they start pumping you it is time to run for the hills.
They love to try to act like they were all for a stock when it makes new highs. These jokers are unreal. Selling ads and subscriptions, and trying to call themselves a stock advisor.
When the junk news letters start pumping you run run run.
You are correct. Whoever is not buying in the $8's is crazy. The general market is soaring as evidenced by today's trading. Likely JAZZ will pop to $12 on the next 200pt mkt loss. No reason for it not to go up forever. I was foolish buying $11 puts for 1.50. I'm now foolishly up 100%. Money is useless anyway because of the coming inflation. Jazz is the most undervalued stock I know of right now. Thanx guys for listening. Try and get in this thing somewhere below $10.
How high can this stay up though. Seriously now even if ur long u cant say you are not surprised by all of it. Its dead money. Would you buy shares at this price? Its a serious question- would u buy shares at $8 or not?
This will be held up until September OE, just to make all 7.5 puts buyer lose their money. Will start descending when all of you left.
I'm shorting the shares and ready to keep it into October.