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We just filled the gap. It's time to break through the resistance ( not what I'm betting on ) or come back down and build stronger support for a longer stronger run up ( what I am waiting for )
Has amazon ever mentioned this? Radio shacks locations would be awful for amazon. At least where I am from there are not any radio shacks in any ideal locations. Amazon would have an easier time finding perfect locations that suit them as there are more than enough empty stores in every city to fit amazon needs. Just drive to your local shopping centers and count the stores that don't have anything in them. The economy is crappy and no new businesses are opening up or competing for office space.
Those jan 2016 1.50 calls went from
.33-.38 with a .20 rise in pps today.
When I purchased them back at 1.12 for .12 - .13 it jumped 250% with a .20 rise in pps.
There is not just profit taking- people are executing their plans and selling their positions waiting for a wash and repeat scenario.
All IMO
please don't buy on a 30% jump. Sell on a 30% jump and buy when it pulls back.
I'm sticking to my bet.
A better buying opportunity will come within time.
I was 1 day off in my call. I thought this jump was coming next week but it came 1 day early.
gotcha. Thanks brada man.
Look at 3 year chart. Turn it around. Compare Oct 2012 - dec 2012 to current months. It's pretty dang similar. It doesn't seem like a bad plan either for a little shake n take by the big guys - get weak hands to let go before it shoots up. We could see a rise up to 1.5 - 1.7 in the immediate future - maybe even 1.9 if it feels strong enough - then a big drop to shake some weak hands from .73 -> 1.12. Tomorrow I'm thinking we see 1.24 - 1.28 and next few weeks I'm thinking a rise then a fall. This is all my opinions don't take any of it as ways to make your bets. The jan 2016 $1.50 calls are back to .3 @ $1.32. I got them at .13 at 1.12. .20 cent rise = 250% gains. I m not liking how the puts look so I probably won't be playing to the downside. I already sold my shares. Just looking to play options now until we see a much lower entry point after a short n sweet jump up.
Itsabouttime
and with a push comes a rise in pps. Just did the same thing with JCP. At the end of the day I don't care if RSH makes it or not but they will need to come out with some news to get people excited very soon.
Interesting. however I believe we will hear talk about new strategies and a push for a future. I doubt RSH will go out easy. Even if lenders are trying to hold them back they are doing things to move towards a better stronger tomorrow. If closing locations won't work a new strategy will come out and a rise in pps will most likely happen from this. My options went from .12 to .22 cents with a .10 pps rise. Ill keep holding. The volatility in the options are amazing right now. Money to be made.
Your calls this year have been spot on. Glad to see your still killing it with JCP. I let go of my JCP shares a while back. Could not say no to the profits and I was thinking there was going to be a dip but it never came. It just kept moving on up.
they have money they can spend. You think they will not pursue any new strategies. Just throw in the towel? your statements are hard to understand as your grammar is very poor. I am just trying to understand what you are trying to say.
They have a line of credit they can tap into no problem. You think they will BK before they tap into their credit line?
my business accounts. I was making tons on their promotions and cash back deals. Dirty dirty. Don't offer it if it can't be supplied
I agree. Bumpy roads for sure.
I do millions in sales and BAC decided to close
that statement is the same as BAC is going to the moon!!!
Just doesn't work for BAC.
I think all the bad news is out there. The next thing we should hear about is a push for e-commerce growth. It wouldn't be a bad idea to list on amazon and have in store pick up. It would be convenient and easy for the customer. instead of investing millions in marketing just list on amazon and let the 8% amazon fee be the marketing fee. You don't have to pay unless you sell. Why fight them when you can join them. High hopes but we should hear something about e-commerce growth when the showroom idea is given up.
Just picked up a bunch for 12 cents. I would not have even noticed that. Thanks
The same arguments being made 2 years later.
Starting a position now
Yea don't get your hopes up. If you invest into this company make sure it's throw away cash. If the stock jumps up it's because of fluff and manipulation. Good luck
Getting close
I like it
JCP closing stores left and right and the turn around brought their stock from $5-$9. Looking for same results here over a 6-12 month time frame. They will try and succeed or try and fail. We shall see how it goes
I'll probably be buying soon when the price is right
With newer technology in phones they will not have to be fixed as much and that market will decline to almost nothing.
don't know if that will happen. IMO mid to high 40s before any turn around begins. We had a chance to move up and it didn't push through. IMO a bit more downside before we see any upside.
Weren't you using closing stores as an argument for the short side? You're funny
Probably a good thing I sold out then. Will be buying back soon if my business allows me.
Can the cnbc crew buy and sell stocks they talk about? If so it makes me think they are on the wrong side of the trade at the moment
nothing wrong with taking profit. When your green your green and that's a good enough tell to sell right there. 25% in one day. Mhmmm. Love it
80 million volume already. Craziness
Hard to fight momentum. Glad to see you left the dark side. daily -2 RSI at 95. Wowzas.
However the weekly 2 RSI likes to top out at 97. We are only at 82. Plenty of room to run still.
We talking about stocks or puppies? What is he on? I want some
I took it as manipulation and didn't believe the chart so close to earnings. It definitely dipped hard tho. Wish I would have sold n bought back but I held.
SEC is no longer reviewing
JCP financials. They have the green light
JCP - 6.90
Macys up - 3 %
Target up- 7%
Entire retail marking showing bounce
We haven't seen these past 30 day lows since around 1985. We been here twice before. When we started and around 2000 when everyone was having a hard time. Been here done that next. So much hard work but we've been here before.