Specifically remember Citi calling it a buy at 90 bucks. I had shorted it the previous day and was #$%$. It topped 92 or 94, forget now, but preceded to 25 bucks this past summer. This stock CYBR reminds me of the same move. Opened a small short position today and looking at puts. I'm going to guess she tops mid 70's and gets cut in half over the coming 6 to 9 months.
For a hamburger and donut chain? You gotta be kiddin me, this thing looks like a sale of a lifetime if they don't put up huge numbers this week. The stock closed right at it's day low as the main indexes closed at their respective day highs Friday. I'm short a handful of shares looking for 29 to 30 bucks. Buying APA and WLL against it.
I also made a swing on AAL buying low 42 and 38 then selling 45 (then watching 49 within days). I haven't looked at PTEN in a long time as it got out of control in the upper 30s. Fundamentally I've always liked them and follow the sector closely. I'm bidding 17.10 and 17.50 today for entries. Think it goes ex-div on the 8th also so hopefully grab that while waiting. Not a long term trade, looking for gap at 20 to close. Potentially a tad higher.
I am watching. Watching a 7% move up on a bloodshed day. Plenty of #$%$ stocks out there to short, why the hell would be on this one?
Like the way you think. Bought stock and a handful of Dec 25 calls today. Growing reserves at a 90% clip and it gets a 12 p/e..Ca mon' maan
yes, goldman surely wasn't selling to you guys.. been short, staying short to low 40's