GWRE $89 - posted crap earnings w/even crappier guidance Tuesday afterclose, and yes of course, the (inthecloud) herd loved it jamming the pps from Tuesday's close of $85 up to $92 - then on the following day Wednesday afterclose they announce a secondary with no price yet.
Bought puts awaiting the pricing of the secondary - as the buyers of the secondary couldn't possibly be paying more than low-$80's? $70's more likely?
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