For complete control and the fact that it is becoming more and more of profitable company. Buy low before it goes high. That's why BABA would want it but his issue is prying the 56% shares from SINA. If you do the math, add in the short sellers who now have to buy back (8 days to cover), there are no real sellers at this point (SINA and BABA are holders). Enjoy the ride up.
To answer like you did, you do not know much about investing. His stated return should have tipped you off. Hopefully you are just long on this stock and own nothing else. I can tell you will be broke otherwise. Learn some common sense investing before you start bashing someones question.
First if you have LEAPS, do nothing. If the stock tanks, do nothing. This stock will raise in the long run. If you have any additional capital then buy puts as well. This is a smart money straddle. I have a strong feeling BABA will go up but I am not positive and have been wrong before. The benefit of the straddle is that you have a better chance to make money even if you are completely wrong. That being said in Q2 I did like you and picked a side and I was hot. IRBT, AMZN, etc, I was hitting one after another. I took 3k to 70k in 45 days. And then nearly lost everything on the wrong side of three bets, even when companies reported like I thought, the stock investors chose differently. If you want to consistently make money you need to learn to straddle, in different ways. Even though you know one position will be a complete loser. You will sleep better at night. Heck, I really thought GoPro was going to tank. I was way wrong, and walked away with a 25% profit for one day. Could have been a lot more if I had played the right side but I was guessing wrong so actually I would have lost it all because I would have been on the losing side.
ehhh, I chickened out but maybe it can make it. I sold out today with 50% gains. Good enough for 3 days. I will be kicking myself if you are right
It's after hours. Don't put any weight to the trades here. We saw a nice little pop to show the direction. This is a rather lightly traded stock anyhow. Tomorrow will be strong like you stated
Sentiment: Strong Buy
It's too much. There has got to be some relief here. There was so much support on the front side of this. I can't imagine all those investors would get weak hands already
Ummmm.... I honestly would love to think you are right but how can you after the report? Really, it's an honest question. I am on your side and can't believe the direction it is going after hours.
Sentiment: Strong Buy
The fact that it is so far out of the money with a 1 day expiration looks more like a smart seller of options. I have seen that happen a lot. They are taking advantage of the down market and history that TSLA does not move by that much even if it does fall.
They aren't thinking maliciously to the shorts. Their only concern is with providing for the longs. At this point I don't know what direction to decide. I haven't gotten in yet but I will on Thursday. Just don't know which side of the fence to get on and with the IV so high I don't think a straddle is a right move
I just sat back and quietly watched this happen. It was almost comical to read the pumpers. Not sure how hard to expect it to fall but the fact that this is just the beginning, (downgrades follow lower guidance) you may be somewhat right.
Sentiment: Strong Sell
That is just the first company to raise. Watch the rest get on board soon. At the rate they are making money, the stock is under valued at that price.
Did you see all the calls traded today? No seller is going to watch their millions vanish. They pumped so they could sell the calls. Watch them short it now for the end of the week closing. Perfectly orchestrated.
I have been in real estate long enough to see the wall here. We had our little bump but the builder market is softening again as new homes are still more expensive then what the already built homes are going for in a comparable size. I had high hopes and made a little off my investment with this stock and others seeing the market previously gain but we are at the crest of that ride. Best wishes to all whatever side you decide to stand on but I am bowing out happily ahead and just thought you may want a report from someone who touches the end user market. Cheers!
You just lost 10K on LZB stock. I didn't even think it was going to drop this far this quick. I may take my short sale profits sooner. I am telling you, there is no hope until 3rd quarter at least. You better have a strong stomach to hang on to this all summer. Your 20 posts a day will not help it