says other things too, bullish longterm but short term thinks things will get ugly
Thank you, unfortunately I missed a small clause in the Feb 14th prospectus that said the date would be delayed 18 days if a material event like earnings came out. So I called it a bit early, but everything is still correct and it could fall to any price based upon how leveraged people are and how much panic they are feeling. I believe that MCP will be one heck of a buy a few days after the unlock.
I think I would begin looking at MCP if it returned to the $45 range--see some potential there but not at what this specialist sees as a far too inflated price. The forward PE even not is just too crazy. No justification for this current price for at least another year IF all goes well and as planned.
I agree with the author as well. I am very bearish short term, and am looking into buying May 60 (or 55) puts. Should be a pretty profitable trade going into the lockup.