Probably automatic sales that are part of his compensation that have been scheduled to occur for a while. You are grasping at straws. Short at your peril.
Up 7% after hours. After seeing your discussion here, I took a look and decided to have a little nibble at some long-dated CRM options just before the close. Glad I did! Thanks for bringing this to my attention.
Not a trader. Just have a very small amount of options expiring tomorrow. Also have a significant amount of options expiring on 5/15 that are currently a ways under water. Need SWKS to get back to 98 by the end of next week to avoid losing a lot of money on these ones. Have other longer dated options not so worried about. Check my posting history. While I only post sporadically, I have been posting on this board for quite a while. If my "minute-to-minute mentality" is "old" for you, feel free to put me on ignore. I promise I wont get offended!
To get this to really pop short term to where it should be, we need a strong day overall for the markets tomorrow. Look what happened to NXPI today. Was up 4% at one point but closed only up .5% While SWKS results were better, I don't want the rise to be muted by overall market weakness. The AH pop has only got it back to where it was at the beginning of this week and still way off where it deserves to be.
Ouch! Should have checked CRUS latest AH numbers when I posted this! It was up earlier but now down 2%. What does it take for a company in this sector to get any love right now. Although, CRUS is distinguishable because it was up 4% in regular trading today.
I dont know whether we will get a bump from CRUS tomorrow as we didnt get anything AH from the great CRUS numbers. However, I hope CRUS great report is a foreboding of great results on Thursday after the bell.
I wish I had some dry powder as I could have made a fortune today. But, I am already all in and fully committed due to mistiming trades on this one over the last couple of week when I believed it had bottomed. I'm under water until we come back some, which I think we should on Friday.
Manipulation at its absolute finest! They walked it down by shorting it and taking out stop losses and then bought the shares back at a bargain basement price.
By next Friday I will either be looking to kill myself after wiping out half the worth of my portfolio or I will be counting lots of profits. God, I hope it is the latter
I keep coming back to two statements that Aldrich made on Mad Money last month. The first was something like "All money flows to us." The second was "we are in everything." How could the next earnings or guidance be bad after statements like that? I'm all in with call options, short, mid and long dated. I wont be sleeping very well until next Thursday. It is going to be a tense 6 days.
Actually, Cramer said this morning on CNBC not to sell at current price even though everyone was freaking out. He said stock would be fine in six months.
Oil goes down, URI goes down. Oil goes up, URI still goes down. Great earnings and good analyst PTs. Yet, still doesn't get a break. Wonder if it is some big Hedge Fund's short du jour. If so, we need to be patient until they move on to another victim.