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Yahoo! Inc. Message Board

mrchrisskinner 1 post  |  Last Activity: Sep 17, 2015 10:28 AM Member since: Aug 1, 2014
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    any reason...

    by treword77 Sep 17, 2015 9:22 AM
    mrchrisskinner mrchrisskinner Sep 17, 2015 10:28 AM Flag

    The reason it is getting crushed is because someone bought 55,000 Sept 18 put options yesterday at the 32.50 strike. So they spent 825,000 dollars to make a quick profit. I did catch the alert via twitter yesterday. Closed my position temporally yesterday. Figured I could by lower Monday. Just wish I would have bought some of the put options with them. They are up over 100 %. Go figure they will make $800,000 in 2 days. Must be nice.

    Sentiment: Strong Buy

32.94-0.22(-0.66%)Nov 27 1:00 PMEST