There is a lot of speculation on /r/wallstreetbets that this stock is 'The Challenger' (the space shuttle that blew up), 'manipulated' because big money likes to see stockwits and wsb cry, etc. Humor aside, there are arguments that suggest that valuations and guidance make this stock a big bargain buy. I've been watching this thing climb since it was <$20 and know it has fuel for more based on P/E and more.
Full disclosure: I sold -19 $42.50 and bought +19 $41.00 puts for Jan 19.
Based on my trading outlook, I plan to sink in another $1400 into calls, but as LEAPs. Based on your outlook, is this short term play destined to doom? There is talk in WSJ of managers advising clients to exit or stay far away from tech.
Submitted December 28, 2017 at 08:35PM by Munchie_King http://ift.tt/2CiPj4f
