I am trying to sell after hours based on the action. Doesn't look good for report tomorrow morning. My guess - good earnings but a warning for next Q or 2 Q's. Run up was all based on what analysts have been told. After hours is smart money coming in and they know for sure.
Worst case is get back in tomorrow at open and lose at best $0.50 a share.
You really made no sense with what you wrote. Out of the money puts are not a hedge especially when selling is occurring today. Short covering would drive the stock higher too. Of course the "approval" has not been priced in to the stock...if it were it would not be trading at 3.75.
Norm has passed due to massive heart attack after the horrendous accounting practices at BBT.
If you go to your synagogue you may be able to reach him.
You may join him once you hear of the SEC investigation into accounting practices at BBT.
See Ya at 28
Volume, spikes, option activity all point to someone accumulating before a larger move higher.
Has all the makings of a take over.
Cash, growth business, horrible management that can be removed and get economies of scale.
Will have to wait and see but she is going higher that's for sure.
The jump was more of a short covering on the news and it will sell off again when the higher fees are announced first week in July.
Nearly every equity has rallied from Sept to now unless the earnings have been poor. There is no reason for DEER not to rally with all the money flow coming in - it hasn't - you know why?
it's going lower that's for certain. All the money flow in and it could not sustain a run up? it's done. I see 7.50
Buy and hold is about as old as Gorden Gecko -
Short term trading, taking profits and moving in and out is the way to make money. Proven and will be the new way to invest.
You can only show a Donkey (goodbuddy48) to water - You can't make him drink it.
Drinking it would create a belief the Donkey has a brain.