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nocpimping

05/05/14 12:16 PM

#10405 RE: ALL-IN888 #10404

Well my chart shows me a double bottom short term which is why I got a risk/reward play on the CALLS side (45 days out). Picked up some Jun 17 7.00 calls when the ASK was .10 cents earlier today. ASK is now .15 and looks like that was bottom. Expectations on the street is upbeat and both Institutional and Mutual Fund holders are not selling based on my last check. Potential upside seem to be more likely in the near term.