Can you help me with this statement made on another board. I am not sure if this means they stock will go up to the "put" level or if it is related to shortin a stock. Does this mean it is a 14x bagger if you buy or if you short. I am not really interested in this stock, just want to understand the language. Thanks.
Also, in looking at charts for FNM and FRE, they look like they still have life in them. Aftermarket has jumped and I am thinking of taking a position in the morning after the open. Do you think the chart still looks like it has some upward momentum left?