Yes, May 8.
I will stick by my 2.25 call....give it a day or two...you'll see
Can't say any more than that
Sentiment: Strong Buy
535 Target implies a present value of $428 in the near term. (If you would expect a 20% return on money.)
It does not mean it will trade there, but that is the implied present value by the analyst if you discount the future value back to the present at a 80% rate.
In other words 535 x .80 = 428
If you gave a margin of error...that would look like 419 to 436
Market mechanics...no slide of hand or crazy guy behind the curtains
learn the game on paper...then play it
your advice "Maybe you should buy both to make sure you lose."
I am not in this to lose money
"Bulls make money..Bears make money...Pigs....Well, they get slaughtered" Gordon Gecko (Wall Street II Money Never Sleeps)
428 is the near term resistance...near term support around 422
Yes you can play both sides, but not at the same time, do the math and you will see the squeeze on the option premiums make it unprofitable since the one day move is not enough. The only days you can even look at that with this stock is Fridays and you still need a good catalyst
If you can not stomach the range of 419 to 436....or you do not understand how options influence the price of a stock you may want to trade a different security.
I think the analyst gave decent 12 month forecast, the problem is retail investors think the price target should be reflected in the near term pricing. That is not what the analyst said.
No great conspiracy guys...just a bunch of people that want someone else to blame when they don't make 10x on a company that has been around for over 20 years.
AMZN is a great company...the analyst gave an honest 12 month target....if you discounted the future value to present value you could have bought at the open yesterday and today and made big bucks on the options in less than 10 minutes.
If you held like little piggies...then you need to have your money taken away from you and you need to paper trade until you have both discipline and understanding.
You could have done the same thing after 10 min on the put side
You need to the post 5/5 at 12:24....out @$3.00
Set correct target today as well on the $420 c...if you were with me today...you made money again..3rd day in a row....
read today's post on the $420s
$430s to far out now for easy option trades
Fill @ 1.80....market close @ 2.90
61% works for most people
3 days in a row my friend...don't be a hater...just listen
I heard of company insiders being allowed to sell after earnings announcement, but this looks like an obvious, systematic selling program of someone big unloading shares every 15-30 min from open...
Perhaps it is just a hedge fund
Looks like it could hit $85 or just below
Sentiment: Strong Sell
PCLN let down the analysts...Analysts ready to flip on them
Watch for a bnuch of reiterated targets and lowered to neutral language...
Probably trade in the 1,165 to 1,195 range Friday.
Sentiment: Strong Sell