SO we hit 420ish area and now becomes oversold and than bought. Than we have rumors and all kinds of games played to prop the price back up and we move 50 points higher. Than we get downgrades and now we have a sell off about 30 points from nearing 470. I am long 455 calls which I bought on the cheap. I think we go higher next week in the start of the week only to sell back off the second week. WHEN upgrades happen the boys want to unload the shares. WHEN Downgrades happen they want to buy shares. It goes feel like catching a falling knife because its hard to time it but lets see what happens. WE have heard nothing from the company in a long time maybe the start of a new quarter and some good news can get us to rise again. I will get out on Monday if this goes red again.
THEY run the show, you can not talk bad about them. Is it not funny how this stock gets yo-yoed near option expiration?? SOME of them say strong buy, others say strong sell LOL
I agree with you on the call side for the notion it may have a dead cat bounce. SOON as it makes news and everyone starts to upgrade and cause these spikes usually means its the end. THEY run it up to lure people in just likey they did with apple. THEY never completly kill the HEN that gives them constant money but they make a killing from the swings and options market.
I have learned the hard way but to make money you have to sell options calls or puts. BUYING options rarely works out.
what do you expect the price to be?? I actually expect it to come down in price. THE upgrades came they sold off on it. THE entire week the stock dropped and insiders are bailing. IF it does go up than the only reason i can think of is the boys will push it up to squeeze shorts from this week if they did not cover. TO get to 850 level. WHEN insiders sell someone has to take the shares. RETails dont have that kind of money to buy the big sales. SO if the institution are buying than they have to get their money back by raising the price and in return take shorts money.
I can be wrong. Tough call though on this one. ITS gone up so much so shorts can think it will come down but can actually go higher.
they took that down to 1.85
looks like they are trying to pin this to 825 this week?? your thoughts?
I had a sell order on my options for $5.50 on the 830 calls. THe market opens and it trades at $5.40 so it did not trigger and went straight down LOL. I tell my wife and she goes you are crazy and I said well maybe they can see the sell order and rigged the price not to trigger it :)
I would hold if it opens over 832, if it opens under that im selling. MY cost is 60 cents higher than yours.
there were no premarket trades how can they show that on the screen 830 plus??
FROM what I see its still bullish for google. I may be wrong so if someone here are good with techs and charting please let me know. THE volume and action just seemed like a typical down day to make options worth less in value and if the market is green tomorrow i have a feeling they will go and decay the puts tomorrow. LET ME KNOW
oh, well I guess I will get ready for my favorite color on my screen BLOOD RED LOL. OH green days when will they ever come.. THE ONE time I go long something I hope I dont get burnt :)
the stock never traded it 834 level the entire day, thats why it dont make sense. WELL if you and the other two on this post are long we would hope thats what happens tomorrow. I would be very happy to see 835 :)
u going to hold all the way through?? man I tried that few times and they went worthless. MONEY is made selling options but I dont have that kind of money to sell options :(, I mean i can do a stradle but i noticed alot of times they dont work and you cant really make a killing.
lets see what happens if im deep in the money will try to hang on, but its just dangerous one swing the wrong way and they are worthless. I dont hold options over night I Just trade them, I took a chance because I made money already today trading them, I knew they brought the options down on the call side to make them worthless. THE money is in options not in trading the stock. and the Market makers know retails dont have that kind of money. JUST think im in control of 2000 shares, thats over 1.6million if i had to take position. SO we have to be on the side the Market maker, go against and you will lose :(