A big block (~ 200) long Call contracts were bought today at the Ask for Jan'15 Strike-30... this tells me they are looking for SRPT pps to go north of 32.50 at least by Jan expiration! Can some one update me please of the possible events in the queue until then? Got some moola freed recently and would like to possibly go long in SRPT soon (rather aggressively... as 50% upside in mere 5 months and now the pps at support, seems very attractive combination).
indexit Sir: Ever heard of Elliot Waves riding with related R/R management for limited capital? For that slice of funds, had to exit to camp out elsewhere, as simple as that. Yes, 63.46 may indeed be achievable here, over multi-day scenario, but then it comes with related mkt/etf exposure also. IOW: for the fourth-wave, easy moola has been made and as per the discipline and other opportunity dynamics, had to close out and be happy with mere 3.5 gains.
And you keep mentioning I bought SPLK at 100... that is not true... I do not know where you got that idea. I have 3 entry points there between 28 and 53 and it is for LT, as I'm convinced it is too cheap now, and as per the recent analyst write-up also, 82 in 12 months is achievable there. In fact, I feel like getting Oct 55 calls now in SPLK, because it is offering an excellent entry point near multi-month support now... they have flushed out most of the weak hands there and business-moat is near the top in the big-data industry. I still maintain that, one of the biggies will take it out north of 70 in not too distant future, if it stays low and flat like this. Technically, its about to complete a double-bottom scenario for the multi-month ElliotW. Such opportunities are rare before October. SPLK is a no-brainer LT long imho. Of course, if the entire mkt undergoes a black-swan type event, then all bets are off, obviously! All the best to all players here!
looks like a ST bottom here and a nice entry point for aggressive long positions in MACK. Got some moola freed and I'm looking fwd to establish some long options tomorrow... double digits later in the year is a given for MACK imho!
I got my 3.50 in five days ... in on 52.60 and out on 56.10 in AH now... need to put these ST gains in some other place next. Good luck all!
Life is ultimately a game only friend, isn't it? ... just play on the side of the big boys, until the music stops... ride the waves in the correct direction! (some even say: Life is a game played by God on Humans ... often the rewards are totally disproportionate to work for many.. and then they attribute this to previous life's karma)!
Not many shares available for sell it looks like in AH, so they can easily take it up beyond 60! Enjoy the long ride CRM long friends!
HAIN is depicting quite a bearish divergence today ... markets so green and this is red by a point? Does it mean that, the last buyer was corralled in last night with all the recent pumps and now the big boys booking profits, the old fashion way? ... and down she goes for the next few months or quarters??
Seems like, some super-humans out there have so many other interests to take care of, like sports team to buy, charity to do etc. etc. and perhaps the liquidity provided by offloading some MSFT paper is helping for the causes, no?
Good English-write-up there, but one critical business-side insight is missing there, that makes all the difference! CREE has become a classic Carl Icahn type of activist-entry stock now ... one news like that, and the pps goes up 35-50% overnight! That's the extra-alpha extracting-type of opportunity here!
Sentiment: Strong Buy
hmm... does not sound that appealing; instead of that, shouldn't I sell now and perhaps buy back later, after all such possible dumps are over in a few months, say around 30 again? Any clue skeetz1234 friend?
it was good to rally with MSFT from 30 to 45 now... but what next? Should we hold our breath and wait for the big boys' dump, before the others? ... as they may model that, a large holder is exiting the board as per the news, and its just a matter of time until his dumps start (under the diversification theme), no??
markitvalue: You are a good contributor and a close observer here. So, can you please provide your insight into this: Which bullish spread looks good to you now? I know, I should have paid more attention to the news etc. dynamics here, but was tied up elsewhere. I may have some funds coming in tomorrow and want to establish a small brand-new position. Any insights would be greatly appreciated. As a good old grandma, I love to visit JCP stores and have been doing it for decades... and I wish them the best always! Its an American Icon as such in my mind.
... of course needs to add the usual disclaimer: .. if the market remains in bullish mode that is. If there is a severe general correction, this can be taken down also along with others. No one can really predict as such, ... when that's gonna happen, isn't it. So far, for the past 40 months, no 10% straight correction in general indexes however! But some ETFs have been sold off ... and some mo-mo's have severely corrected. So, month-to-month technically don't know.. can't say... but the fundamental model is good here, relatively speaking! All IMHO of course and hope all grand-children prosper!
Sentiment: Strong Buy
Too cheap here! Absolutely strong product with no competition in distant horizon for the feature-set! Virtually every S_n_P company in their pocket ... almost as if there is no alternative! Bargain of a lifetime, with 6700+ worldwide enterprises as customers! Won't stay at this bottom level for too long! SPLK- Great buy on this temp. weakness! The analyst is right on the money for the fantastic latest upgrade IMHO!
Sentiment: Strong Buy