multi-bagger
We have written about NetFlix (NFLX) quite a few times over the past year, and have shared our somewhat bullish outlook. This stock has had an epic fall from grace that all other growth stories will be compared to going forward. The question to ask is if the growth story is over or are we in Chapter 3 of a novel? Time will tell as this NetFlix story is filled… Read More
How does that saying go? When it smells like shit, looks like shit, tastes like shit, and came out of an a^^hole… it probably is shit… right? Well yeah. So lets apply those adjectives to the world economy: little to no growth in developed economies, huge debt issues in europe, a slowing china economy, a U.S. fiscal cliff, along with political unrest and change in some of the emerging countries.… Read More
FactSet Research Systems Inc. (FDS) reported some nice earnings this morning, but their Q4 outlook raised some concerns. The stock plummeted at the open to $93.53, an $11+ drop. We think sellers are over exaggerating the outlook and the stock will bounce. We spoke about it in our chat room pre-market, and looked for $100 calls as the strike with the highest reward and lowest risk. Time will… Read More
Who can forget the start of 2012 when Netflix (NFLX) went on a 6 day rampage. It was an option traders wet dream as the stock ran from $69 to $99.65 in 6 trading sessions. The Catalyst? Well thats a mystery. Was it the news that folks watched over 2 billion hours of Netflix videos over a 3 month span in the fourth quarter of 2011? Or maybe it was… Read More
Starbux (SBUX) announced yesterday they were buying Bay Bread, a small bakery chain from San Francisco. Panera Bread Co. (PNRA) opened lower this morning on the news, as folks worried that the deal may effect Panera Bread Co.’s(PNRA) growth.
The only thing I think it will do short term, is bring attention to a stock that should be trading closer to $200 then $100.
We positioned ourselves with… Read More
May 22nd Watchlist
What a great day yesterday, as the market shook off an opening drop and ramped up the rest of the day. Moves like that are the kind that options traders dream for… One directional! We haven’t had that in a few weeks, and most of the calls purchased Friday or at the open, were up big. Of course AAPL was the big winner as the 565 strikes… Read More
Sina Corporation (SINA) has been an Optionmillionaires favorite over the past few months.There is nothing that an option trader likes more than a volatile stock, and SINA Corporation (SINA) sure fits the bill. SINA Corporation (SINA) reported earnings after hours, and the stock rose nearly 7%. Folks were expecting a loss, which they got, but revenue was above expectations. With all the bad press as of late,… Read More
With the employment numbers from last week still weighing on the market, people have overlooked the news piece that will be a catalyst for the rest of the summer. Obama and Romney are now in a virtual dead heat in the polls.
As you read the press, there continues to be a glaring trend:
Two new polls find that although the candidates are tied for overall support, Obama…
Read More
We wrote about PCLN on December 14th, 2011, as a bounce play and continued to like it going into 2012, as Cramer added it to his “Pigs gets slaughtered list”(We wrote about that here). Going against Cramer is like bagging the promo queen… We wish we could do it, and when we finally do, didn’t realize it would be that easy!
PCLN has ERUPTED from its 445.73 “Cramer… Read More
So those LNKD Calls we alerted @ .20 on Wednesday morning, hit $4.80 friday morning. So thats would be $200 into $4800 into 48 hours. Now i would call that a pretty good week for folks.
