Palantir, the soap dropper is lost. I think the soap dropper is a long that is just trying to keep the stock down to accumulate. Soap droppers don't just post for year over year because they are making a nickle a post. They do it because they are buying the stock.
That was it, quick ride and out. UNH should continue up, but I am going on vacation and need to bail on all positions.
You mean they might have sold it too long. The shorts borrow shares and then sell them to others like me, and then they hope to buy them back later at a lower price so that they can deliver them back to where they borrowed them from....I think they are going to have to start buying at a higher price so that they can give back the shares they have borrowed.
If that is what you believe and you really own the stock, then see some $2 covered calls and get paid to hold the stock. That is only if you really own the stock.
We have a new big bull with deep pockets. They keep sitting on bid and the shorts don't know how deep the pockets are. Shorts will test it at some point and find out how much the bull will put up to defend the line. If they defend it well enough, then the short might just take the profits, cover, and move to a new stock playground.
Buy bhi short Hal. However, if deal breaks up then u in big trouble
It changed my account balance? The puts I had written were covered out for pennies, and the stock I had bought was sold for a nice profit. So it did change for me....what about you?
At least that is what I look for. I sold quite a few puts and bought stock.
Why pay $3 when they can get it all day long for $1.25?
All they have left is some cash, and by the time all the EXEC's take their cut, then this will be left with 30¢ per share for the shareholders. They say $1.05 to $1.25, but that is before EXEC's take their cut. People are still buying at above company value, and that is like buying a $2 lottery ticket that has already been scratched and found to be a $1 winner.
The product is sound....
Now those puts I sold to some of you shorts will expire worthless....lol, did you really think this stock would stay below a buck? Thanks for the thumbs down and thanks for all the extra monies.