I sold my puts yesterday brother so I currently don't have any skin in this game. I'll be looking to play it again here shortly but I'm not sure which puts I'll be buying. About 3 weeks ago I called mid to low $20s and we are currently there.
My initial buy of thos Dec puts was at $.25 and I averaged up to .30
The darn things hit $3.10 yesterday! That's a 10x bagger in less than 2 weeks. I'm pretty pissed that I only got a triple out of it. I was looking for a strong bounce yesterday but didn't get one so oh well.
I have no advice on this company long term and I doni't really know much about the company...but short term pointed down...and it still points down. Could see high-mid teens within a month...Hope I'm wrong for your sake cause I'm out.
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