Easily one of the cheapest companies I follow. Report, guidance, backlog all look great, just this cruddy legal stuff going on. A retest of $25 does however look likely. I'd add to the position aggressively on a successful retest with e 32-35 objective
Specifically remember Citi calling it a buy at 90 bucks. I had shorted it the previous day and was #$%$. It topped 92 or 94, forget now, but preceded to 25 bucks this past summer. This stock CYBR reminds me of the same move. Opened a small short position today and looking at puts. I'm going to guess she tops mid 70's and gets cut in half over the coming 6 to 9 months.
For a hamburger and donut chain? You gotta be kiddin me, this thing looks like a sale of a lifetime if they don't put up huge numbers this week. The stock closed right at it's day low as the main indexes closed at their respective day highs Friday. I'm short a handful of shares looking for 29 to 30 bucks. Buying APA and WLL against it.
I also made a swing on AAL buying low 42 and 38 then selling 45 (then watching 49 within days). I haven't looked at PTEN in a long time as it got out of control in the upper 30s. Fundamentally I've always liked them and follow the sector closely. I'm bidding 17.10 and 17.50 today for entries. Think it goes ex-div on the 8th also so hopefully grab that while waiting. Not a long term trade, looking for gap at 20 to close. Potentially a tad higher.
I am watching. Watching a 7% move up on a bloodshed day. Plenty of #$%$ stocks out there to short, why the hell would be on this one?
Like the way you think. Bought stock and a handful of Dec 25 calls today. Growing reserves at a 90% clip and it gets a 12 p/e..Ca mon' maan
yes, goldman surely wasn't selling to you guys.. been short, staying short to low 40's
well would You want to hold 1.2M worth of this equity? The market is making new highs daily and this stock is breaking down. I think the market tops this fall/winter and this stock will be halved over the following 12 months.
Key outside reversal. Very good sign. I'm staying short with SPWR long against it.
I'm rather bearish on the overall market but dipped my toes into this stock 100 shares at 62 even. Technically speaking I think the downside could be less than 10 pts and upside as much as 30. Excellent risk/reward, I would get aggressive in it mid 50's if the fundamentals remain roughly at current metrics. GL on yours.