"Brian and Lisa just made an honest mistake."
I presume he means there was no fraudulent intent on their part.
If so, then why were they fired or forced to resign?
This should be a reminder to everyone that nothing is private if sent over the internet. All email text are routinely searched.
GLD is showing a classic descending triangle pattern. If the previous horizontal support line at 115 cannot be broken through during the retest, it will then become resistance and GLD will continue lower. The target price would then be around 88.
It was announced today that JPM is facing a criminal probe by the Justice Department. The bank said it has raised its forecasted legal costs to $5.9 billion. JPM dropped less than 1% after this announcement.
Look at the difference in the reaction to the stock of each of these companies as a result of somewhat similar circumstances.
Looks like the 256 gap may need to be filled. The pattern looks like a symmetrical Head & Shoulders. However, the neckline at 215 appears to provide support.
The last 1 for 4 reverse split occurred in January when UVXY was around 18. Within 2 weeks, the share price hit a high of 108.
You want to buy it below $8? How about $6.15?
With ARCP at $8.79, just sell short the Jan2016, 7.50 put and collect a premium of 1.35
If the share price stays above 7.50 at expiration, you keep the premium. The premium is yours to keep regardless of what happens to the share price. In the event that the share price drops below 7.50 and the option is "put" to you at this strike price, then your effective share purchase price would be $6.15
If you want to play it a little more conservatively, then sell short the April 2015, 7.00 puts and collect around 0.70
During the panic selling, I sold short the Nov and Dec 7.00, 8.00 & 9.00 puts. Yesterday, I was able to cover my Nov 7.00 puts for 0.05.
My position is Nov and Dec 6.00 & 7.00 calls which were acquired last week. If everything looks okay, I may just exercise my calls.
Okay, this is Amazon's version of Siri, but it is brilliant.
This is a device I expected Apple to come out with, not Amazon. Be sure to watch the demo video.
The potential is huge. Echo could be programmed to know the user's personal lifestyle to become a personal assistant. Eventually, it could be programmed to converse back and forth with the user, just like a personal friend. This is the future. It is foreseeable that this could also be installed into a robot, to become a companion.
Think about buying 1,000 of the Jan 2015, 0.50 puts. Wait for a slight rally to get them for around 0.25, $25,000. This would be a 50/50 bet. You risk 25k to win 25k. Chapter 11 will give them some hope of a possible turnaround. Do this only if you think the turnaround will not work out.
What happens if stock and options trading is halted. The put options would no longer be trading. Do you think that the put options would then be cash settled by the options exchange?
It looks like today's volume will be around 5X the normal volume. For such a low volume stock, he should realize that his comments would result in a 10% pop in share price. Hopefully, this is not a pump and dump.
Leading up to the IPO was exciting for him. However, he is probably not suited to be CEO and running the day to day affairs of the company. Perhaps they should be looking for a new CEO. How about Steve Ballmer? He is not doing anything now. (just kidding)