Replies to post #359584 on Naz News, Gappers and FLE's

[flipfloper]

GRPN:THEN I see a run up to the 10.00 area over TWO TO THREE weeks JMO again
So,Note I'll be ready to play march 21 and april options on CALLS seeing it might take up to TWO THREE weeks I'll need to get into
the end of March
So will need more then the March 21 calls, maybe march 28 or April 4th's
Note on a longer play for two to three weeks I play the closer $ option like 8.00;'s and 9.00, then as it moves up I sell the 8.00's and bank MY $ and will buy the 8.50's and 9.50 on the weekly as they come up.when a option comes in $2.00 is when I would sell/bank it and roll it up into the next $ I would buy 1/1 of my1st play at the next $ and also play the next out $ or .5$ 2X$
That way you always play most of your next two plays with the houses $ JMO's and take on Option plays

[downtimepg]

Morning Flip, GRPN

I have been watching GRPN as well. But still on the fence about most of the whole scenario. It still has large Institution and insider holding, but insiders are selling in large lots on a regular basis.

http://finance.yahoo.com/q/it?s=GRPN+Insider+Transactions

Your call option makes sense because the major holders, even if they are selling will want the SP up. My concern is if they keep creating enough selling pressure to stop a decent move up.



No position, but watching.

[iconoclassic]

Thanks flip...no worries...

Agree that GRPN does not look like a good short here...

Will re-evaluate when/if it drops below 8.50..

Appreciate your opinion...