Good points ala however it's the expanding niche that causes me to be overweight in this investment. Toyota is putting them in all their 2016 Tacomas. You think it will stop there? Heck, no!! That's only a test to see how a $400 addon does with sales and John Q Public. I would like to have a recorded video of traffic in front of me. Showing accident causes, drunk drivers tag #s, ad nauseum. Think every Toyota, then every Nissan, then every new truck and car. A never ending stream of income. Manufacturers are going to put a trusted, respected name for their add-on camera. Thee are many other applications which could be enormous but the vehicle angle excites me enough.
While I believe we are likely to see 68-69 before 31st, the lacking part of your question is how many contracts you own and at what price. Assuming you bought at appropriate price, I would consider selling 1/4 at first spike tomorrow, then set limit prices for each addition 1/4 of total contracts commensurate with 67, 68.50 and 70. That's how I sold my 55s last week and my 60s this week. Now all I have left are 52.50s for October. Woohoo!!!
For the same reason people buy Infinity models when they are same engine, trans, dash, shell design as Nissan but logo is different. Same as people buying polo shirt for $70 with NIKE swoosh. Or AAPL phones when plenty of others would do. Or Costa Del Mar sunglasses. I'm not sure you are a b*s*a*d, and I can only surmise that you are poor, but you have unequivocally answered the "dumb" segment of the nickname trilogy. :-)
"The analysts believe that the risk/reward profile is not compelling at present, since the shares could rise in the event that a sale of the Credit business is announced. On the other hand, if no deal occurs, the share price is likely to decline.
The analysts also expect the sale of the Credit business to drive the company's 2016 EPS meaningfully higher than the current estimate."
Hahaha -- We are downgrading since the shares could rise...
Wow - the shorts can't even get their downgrade firms to say anything negative.
In other news...Our schools will be closed tomorrow for a bad weather day since there is a 90% chance of sunshine with a little chance of light rain.
Well, here comes 40. And on a day when a stock like this should be being held back by options expiration. I really expected a pullback today. Monday could be wild. It would definitely be a long weekend for me if I were short.
So far the charts predictions are accurate and the steady daily climb continues. Additionally, one morning soon we will wake up to the news of the portfolio sale. While anything is possible in movement, it is also very likely that it will gap up 5-6 dollars per share blowing through the thin ceiling of 45 or 50 and creating a short stampede. Again, I ask "Why?"
For the life of me, I can't figure why so many shorts have not covered with this stock's rocket potential. It is one thing to be stubborn, but dang man, being short here is plain suicidal financially. My chart shows past 35 there is no resistance till 40 (minor) then no resistance till 45 (minor) then no resistance till 50 (medium). Why shorts, why?? When the shorts start being forced to cover (capitulation is happening now and forced capitulation may be happening very soon) it is going to get very ugly for them.
Sentiment: Strong Buy
Can't deny it...I got my buns toasted on this one. I made about $500 early by selling a quick flip. Then I bought 3 times as it dropped. AArgh!! Down about $2100 on 750 shares. Can only imagine how so many of the buyers feel who bought a strong number of shares compared to my puny 750. The company seems like it has a number of cancer drugs with promise moving through the pipeline. I can hold out for $21.73 for quite a while. Almost bought a load more at 18 but powder keg was near empty. Good luck longs!!