The stock has not pulled back once yet from 85,people in a lather now over this calling for 120 on earnings,it is majorly overbought here,thats all you need to know, went long 100 97 puts at .95 today for friday today.plan to see 96 tomorrow,thank you ibm!
you people make like the stock is never going down a day again,yes i know it hasnt in a week and a half but it will tomorrow...
only a matter of time,can anyone tell me how they are NOT going to have to restate earnings? they said before on cnbc this may go on for a year,this is an unprecidented mess and they dont know what to do,this could gap down 10 points any day now very easily especially in this market,it's just being proped while they unload for now i guess.
I'm short 200 44.53 and long 10 of the 40 puts for june 105 for fun.they are trying to save it with useless news on yahoo, not gonna happen,should crater shortly,will wait for it.