Well $30.47 vs. max pain of $30.50, pretty close. Some others were close also but there were others that had no shot coming into the day because of events this week.
It's supposed to be where the most options contracts expire worthless. Quite honestly I'm not sure how good of an indicator it is, although I have seen people call Friday closes dead on or with a penny or two based on them.
Just tells you how rigged the market can be. The algos like the house making money and stick it to everyone else.
Any 1-4% down and someone from the Fed will make dovish comments.
They control the markets until they don't.
Good luck man. Is it real cash flow or somewhat artificial driven by Stock based compensation? I have no idea just something to ponder and not simply take words solely into account.
I am kind of tracking these looking for an inflection point that might be an indication a palyer in the sector could be a buy. Nothing hits me yet. If they fill up on air, i.e. hot air, I may buy puts again.
Really interested to see what XONE does and what they have to say.
The market needs some new sectors to get going with some substance and organic growth.
Also a huge gap below it.
Possible if the markets continue to ride up especially with ECB QE. The Central banks have our banks even when they are about to whizzzzz on them.
No doubt the industry has taken a beating. It was one of the first down last year and has yet to recover, however it's all based on all of these companies missing their own guidance time and again.
XONE reports in probably about 3 weeks and had orders pushed from Q3 to Q4, so their guidance for Q4 is for large Q/Q growth. If they ever meet with decent guidance that one should rocket but being that management is 0 for coming public it's hard to have much faith but we'll find out soon enough.
I just looked up max pain for today.
It's currently $30.50 let's see how much it changes and where the criminals close it.
Volume was huge yesterday, even though it only traded in a tight range ($69-$71).
I wonder how many short shares were covered?
It might be a breakaway or attempted one as they try and suck in shorts or put buyers or perhaps the gap starts filling?
I have no idea but I think the overall market movement will have a lot to say about it.
I wonder if the "gang" was selling calls or puts yesterday and today.
I have no position but have been short here via puts a long time ago and XONE via puts a while ago but more consistently.
Guidance was in line while the results were weak here.
What makes you think guidance is solid?
No offense. i did not even hear the call but how much credibility do any of these management teams have at these 3D companies?
It's one day and possibly a multi-day rally depending on the market. It's also options expiration for the week.
ETF stuffing seems to happen in many sectors on a daily basis along with options games.
It's all noise in the short term, i wouldn't read so much into today's move as people seem to be doing here.
Of course. I did not read the timing but in the short term the price will ultimately head towards that price.
Hype typically works for so long.
So what price do you think the secondary gets done at?
FEYE did at least one of those announced a little before it peaked which is still well over 100% higher than it is today.
This will keep going up until it doesn't and you won't want to be holding it then.
No position but this is way overvalued unless their product is sooooooooooo good that someone would take them out at a premium.
I sincerely doubt that is the case. It will run up and as more and more shares unlock it may drop pretty well IMHO.
Based on their up to 50% of operating income threshold $1 would appear to be the maximum amount if that is before their taxes.
Personally I'm fine with it being less/much less as long as they are growing the business smartly.
Most importantly tell me what their 4th quarter revenue was and their 2015 guidance,
Secondly tell me what the market does from now until after they report.
The first one is more important for sure but the second could have an impact.
Your cash total is high by over $20M. Still they have a healthy cash balance even after shelling out over $10M for a recent acquisition including fees. They also paid out about $7.2M in a divy last year and their net cash and marketable securities actually increased by over $2M.
Pretty darn good.
Besides what i previously posted tell me what was the least bit surprising about their report?
That's why the move was purely orchestrated. Now, YOU could make the argument it deserved to be higher all along but it was done because that's how the "gang" was positioned and they know there are quite a few shorts.
Collusion worked well last night and today.
Too bad collusion is the same as manipulation but no worries the SEC is best known as being a great college football conference but an inept commission who wouldn't dare cause any problems for the bull.