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Gator328

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Gator328

Re: 123tom post# 325329

Wednesday, 08/11/2021 2:06:44 PM

Wednesday, August 11, 2021 2:06:44 PM

Post# of 463347
I think one more wave is possible, perhaps even likely -- clearly the market is not betting on tomorrow's conference call providing much in the way of a positive update.

I don't know if it gets back to 15 -- 50% haircuts are a nice milestone figure but I see the support closer to the $16.30-$16.70 range, if it even gets that low.

I'm going to sell some $15 puts with as far of a strike date as possible.
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