I stopped making guestimates on revenue and prefer to admit my complete incompetence there.
My questions for CC:
- any update on HQ move from WA to NY (when, the cost etc.)
- more details on OLED Lighting R&D
Lines in the Sand , indeed.
I haven't sold my EMAN long shares this year yet , only bought a few. I did sell December puts though. It made sense back then - my fav excuse.
200 EMA is about 2.60
we need 10% jump to get over which is doable with a good guidance.
And even less if we do some baby steps ahead.
Let see if The Sellers of Put 5 were right.
OLED/PANL is reporting this week and hopes there are high . Although we were never found guilty by association.
Well, you don't really have to buy the stock if it craters but you're right in a sense that account margin requirements are different between buying calls and selling puts. At least on etrade.
Another game if you think that premiums are high is vertical spread. Buy 32 , sell 37. The premiums are usually inflated in both strikes. You would limit yourself in possible profit but if you are dreaming of "pi in the ski" you shouldn't get into options at all.
Not sure where we disagree.
Are you saying that retail investors were right with PBYI and hedgies were wrong ?
I think that there are two-three big money funds that were expecting these results and played it into short squeeze against all other hedgies. $1.5B traded in PBYI today by now. What kind of retail investors have these money ?
The insanity is the 300% run up. Everything else seems kind of sluggish and even about to fold - Apple lost its golden touch, no earning is good enough, etc. Market is in search for "magic" and it finds it today in PBYI. "Hey , you can still make crazy money in stocks if you find the perfect stock" . That search itself is insanity.
We found our perfect stock, we are just waiting for the rest of the market to find it.
The only thing that PBYI shows that market is insane.
There was another craziness about 4 months ago with PLUG
Actually, I have a theory that some of hedge funds figure out how to fool computer algorithms of other hedge funds. Noway retail investors can make this volume of PBYI . So it's kind of like computer trading war - someone designed algorithm to make money on trading spreads, and then someone designed algorithm to fool that algorithm and so on.
"How many are Sales closing their Positions ????"
That's what I was pondering too. The option daily chart (on etrade) shows trades were scattered all over, not one time trade.
I don't think that upcoming earnings report would be so great that it would bring up stock above 5 bucks and make those options worthless. Well, a buyout offer , on the other hand , would. I am not that experienced in options - what would happen to options if there is a buyout , say at 5. Would 7.5 put become worthless as well ?
There is 0 open interest on 2.5 puts. Apparently, it's not attractive enough. Makes more sense in case of buyout as well.
All is my opinion and speculations , of course.
Most August put options activity started Friday and continuing today.
To me it looks like people are selling August 5 puts counting that the stock will jump up.
Basically, selling August 5 Puts for $3 is the same as buying stock for $2 at expiration .
It sounds like new R&D contracts will bring us back in black by the year end.
And AS has no need to issue a PR about it because he was saying it all along .
A bit of OT - I was skimming through Intel history; they went IPO in 1971, and reached 1B in revenue in 12 years (1983) , then in 1985 they were down and came out only in 1987 - they even celebrated it as "back in black" parties across the company. We are no Intel and hardly ever be as our market is significantly smaller. Although, Intel used to make digital watches (in 1972) and it was bankruptcy of Digital that gave them Alpha chip technology and eliminated a competitor at the same time. Maybe, when Kopin will run out of money in couple years we'll pick it up and fly .
Not that we care.
Back to EMAN - something changed suddenly. They haven't announced unsigned contracts before. Playing devil's advocate - it's a sugar coating for earning numbers. Although, I think , pps is mostly influenced by forward guidance, so if we finally get our 2014 revenue projections in this upcoming CC then we should get some upward movement in August/September.
Bill is like a cow pie - you step into it and then you smell it.
I keep him on ignore.
I think he is lying about 2.14
Interesting that he showed up 3 weeks before ER. I guess he needs justification for his miserable life again.
You are demonstrating quite a substantial level of naivete yourself.
Cramer The Clown publicly admitted that when he was a trader in a hedge fund he could move the stock price in the direction he was asked and it only costs a couple millions in funds to do it.
Have your heard the term "price pinning" - whenever option expiry time approaches the stock price tends to magically match one of the options exercise levels. And this is well acknowledged and "acceptable" type of manipulation. With the rise of social media the financial rumors over twitter became the major source of volatility. What are you doing here if you think that this stock is traded solely on fundamentals ?
That stinks. You can't even sell at loss and write it off on tax return.
Not that it would help too much - I have max out my tax write off for next 3 years .
Yeah, It would be nice to get guidance, we would finally resemble normal public company.
I am expecting to get PR about quarterly earnings date. Somewhere in a week or so.
Yeah, Goldman was underwriter on secondary @44 . Of course, they will keep their target price to avoid being sued.
"Intelligent investor" , if such thing exists, would not pick and choose analysts to believe nor pay attention to SA.