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Post by babaoriley on May 29, 2014 10:28:00 GMT -5
I gotta think this continued rally into the $3 billion market cap area are some shorts trying to slip out the door. Not all, of course, but enough to cause there to be more buyers than sellers.
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Post by thekindaguyiyam on May 29, 2014 12:36:38 GMT -5
I'm having a tug of war in the 10 strike calls for jan 17 2015. They have been trying to keep it down at a buck forever. Now it's at 1.60 a call... ask is 1.64. I put in a buy for 10 @ 1.64 the high price and they get sold to me at 1.62 So, I figure that the seller side of this does this day in and day out... but has gone beyond their ability to control it as much as they like. When I put in a high buy I already have established the bottom support with a buy @ 1.60. Even this doesn't work for long as when I look away they snap them up and drop the price down again to a twelve to fifteen cent spread. What results? I have a hell of a lot of calls right now. What a Great Day!
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