Always a counter move right before opening. Do the futures/pre-market guys just anticipate the "fade the gap" thing now?
ROKU has a competing speaker system so I'd be mindful of that.Dale Earnhardts Stache said:
Citron had an article yesterday calling for $SONO to $30 in 2020. The basis was people spending so much more time at home. What are the board's thoughts on a medium to long term hold on $SONO?
There are also some AAPL acquisition rumors floating around.
AAPL acquisition is the only thing that would flip that. People love their AAPL worldTecRecAg said:
I'm probably biased because the one experience I had with a SONOS speaker was a nightmare, but I don't see them doubling their current 52 wk price. My gut tells me the only speakers being bought are the ones that answer to the name Alexa.
The stock is going to zero and anyone trading that musical chairs debacle deserves to lose their ass.MROD92 said:
HTZ taking a beating
Exited the rest of these at $2.05IrishTxAggie said:
One I'm on:
ORCL 7/17 $55C at $1.40. There is a 220K seller there. If that seller gets taken out, off to the races
Only have net free shares on SNSS but you can buy at $0.37 and sell the $1 calls for $0.15 out to Jan. $0.27 or $1.15.lawless89 said:
What the hell just happened to SNSS??! Down 46%!
Another chance at entry here on FB or are premiums too juiced for a good score at this point?IrishTxAggie said:
FB has 145K shares offered at $241. If that gets taken, it goes on a run. Looking at the 6/26 $245C and $247.5C. Won't enter those until it takes out the $241 and then retests
ETA:
Dammit, they took it PM. It's going to go. I'm not chasing it personally
yep this... or just buy and hold for model T retrace to .50 cents.oldarmy1 said:Only have net free shares on SNSS but you can buy at $0.37 and sell the $1 calls for $0.15 out to Jan. $0.27 or $1.15.lawless89 said:
What the hell just happened to SNSS??! Down 46%!
The bounce was at 241.2ish. I wouldn't look at bounces right now. Futures are feeling heavy right now. SPX needs to take out 3150 before I'll look to enter anything new.BenRev09 said:Another chance at entry here on FB or are premiums too juiced for a good score at this point?IrishTxAggie said:
FB has 145K shares offered at $241. If that gets taken, it goes on a run. Looking at the 6/26 $245C and $247.5C. Won't enter those until it takes out the $241 and then retests
ETA:
Dammit, they took it PM. It's going to go. I'm not chasing it personally
Think you're probably gonna have to take a loss on this one,although you could at least salvage some value. No one hits on 100% of their picks.zwhag2010 said:
What is your cost basis on TSN. I've bought more to reduce it down to .41 (from the original 1.10) if you believe pushing out to August I hope that I could get these July 17 75c to even for me
I have a decent amount, sold back when it was the $0.85 calls with $1.75 share price. Honestly, they need to make some progress, and announce some progress, on their COVID research. This has always been a decay play for me, but the stock has dropped faster than anticipated.Challenger 17 said:
Anyone else in on TTOO. This seems like a very solid strategy and a great way to lower your cost basis by selling covered calls.