Beam me up Scotty!

We wrote about PCLN( a few weeks back, after it hit $448, and was added to Cramers "Stay Away" list. (read here) We spoke how PCLN was a best of breed stock, and folks should take advantage of the dip. Well its almost 30 days later, and PCLN ( finally looks ready to break the $494 wall we spoke of.

Making money on options is all about finding ones that move. If they stay flat, you lose money, plain and simple. PCLN has a history of some big swings(Beta). We fully expect PCLN to trade above $500 this week. We brought the $505 weekly calls at .70 this morning to our chat room.

I think i can hear the transporter room going as I write this, and Captain Kirk getting set to beam us up.


Happy Trading!

JimmyBob (Scott)has been trading equities for over 15 years, a majority of which were OTC micro-cap stocks. He started trading high risk stock options over the past 7 years, and has proven winning trades in excess of 15,000%.

As one of the Co-Founders of, Scott enjoys sharing his knowledge with other investors through timely blog posts, daily watch lists in the forum, weekly webinars, and helpful advice within the chatroom.

More Posts by JB: View All | Private Twitter Feed: Access Now! (For Diamond Members)

Leave a Reply