The time I am talking about was when it was $12 and looking for a buyout. It never got above 13.50. I see AVNR going to 25 cents or lower by 2015 unless they come up with a new drug.
You're only willing to pay 2.50? I thought you were saying this was the buy of the century. If it's such a great buy why won't you pay more than 2.50?
I don't know what your agenda is, if you're trying to screw over longs somehow or what, but this one is an absolute guaranteed bankruptcy coming up.
Wrong 100% bill. They BOTH limit your upside. If this scam is at $3 and you sell the $3 puts for 50 cents, if it goes to $7, you only keep the 50 cent premium, and miss the other $3.50 of the rise.
Yes it's too bad this company has to announce it's earnings EVER! It's not fair! Shorts have known the company is doomed for ages now the rest of the world is learning.
It looks like you may be getting your wish! Well over 15 VIX at the close. What specific trading/options plan are you looking to deploy? I noticed options on CALL and some of the other small caps I track have more implied volatility in them lately so they can be more profitable to trade.
Still think long XIV/SVXY is the way to go. Very much prefer long XIV to short VXX.
But then you only get 50 cents of the rise to $10, right? Since you have been pumping this so hard I assumed you wouldn't want to miss the ride. You do understand the company can never turn a profit and so the only reason for a rise is speculation, right?
What is the relevance of your comparison? Do you think it's relevant that with the stock market 2% off an all time high DXM is down about 75%? Do you think it matters?
What matters is the future, and the future is bleak. These guys won't make it out the other side. There is immense competition, they are leveraged to the hilt, and digital is a dud for them.
Why do you think we aren't seeing insider buying here?
Joey I am also short 20K TWM shares at 13.91. Too bad I could have covered in the mid 12s! That thing is moving hard against me lol
I have enough for now- maybe! This cannot go down. Ben Bernanke is now in a position where he simply cannot allow a meaningful correction. Honestly I could see XIV going from 32.30 to $35,000 in 8 years. That means 5K shares would be worth 175 million!!!!
How would you compare DXM performance over the past 6 months to the market? I think you're being very dishonest picking a single day.