stay out -- today was a good day trade
I bought at 55.80 and sold at 57.50 then bought some today @50.25 and 15 july 50 calls @ 1.75 -- I am long
get over done on the short side to around $1.50 -- I will relook then -- otherwise I happy missing the trade -- The conf call was all sucking wind and hot air --
Cash value is 3.25
his past history in Australia is not complimentary - credibility is so important
do that -- I think there is a lot of hot air -- conf call sucked - Jefferies presentation was plenty of HOPE and no real stuff -- more of same -- I will play a dead cat bounce once there is a spike down to a $1.50 -- if it goes north I am not going to lose my sleep -- there are plenty of better opportunities -- CEO sucks!
I will be up hopefully 70000 bucks or more -- Good Luck!!
I am hanging in for
what the heck -- will see what Monday holds
it will be -- and they will use the avg price in the past month to justify the deal
who knows -- 24 bucks by COTY is an opportunity lost