CL Redux

I know it is not related to CL ... but very interesting thought of sharing ... hope you guys dont trash me :)

What a predicted pattern of big fall on 6 month Lockup expire day for IPO companies . Employees are flooding to sell this falling knife .
Same thing happened with LInked in LNKD when it's lockup expired ( in the Lockup expire month it lost 40% )
------

http://www.marketwatch.com/story/gr...cord-low-2012-06-01?link=MW_story_latest_news

Groupon falls to new record low


1/ SAN FRANCISCO (MarketWatch) - Shares of Groupon Inc. GRPN -8.84% fell sharply Friday, pushing the daily deals company's stock to a new record low of $9.53 a share.

2/ <b>More than 600 million Groupon shares, representing 93% of shares outstanding, were to be released from restrictions on insider selling on Friday.</b>

3/ The stock was trading down more than 8% in late morning trades to $9.71. Groupon shares have fallen more than 50% from its Nov. 2011 initial offering price of $20.
 
yay TGIF.. will cya'll l8r!

attachment.php
 

Attachments

This last hour has really been interesting to watch the option the 85 - 90 calls haven't budged while the 81 83 and 85 puts that I'm now short have been all over the place. I never thought I would be glad to lose 3k but it could have been a lot lot lot worse. Jesus as many options as I'm short now if this thing even just stays between 81 and 87 for a few day I'll be golden so chances are we're back above 90 by next Wed.

So how about that coffee?!?! Was looking 155 to take a nibble but no luck.
 
Even with Monday closed, CL offered far more cents per swing this week than last week.

Sum total of the swings today was 912 cents. One dollar swing and three 130 cent or more swings. Nice to see volatility pick up and let`s hope it continues. :)
 
Where does crude oil find a bottom?

I could have retired for the summer now, if I had shorted that bear flag. :p

Not a long-term player, but if I were to guess, it looks like a test of 80 is inevitable.
 
05-30-12 11:02 AM

Quote from Laissez Faire:

Doing well?
More...

Quote from SamGold:

If it trades 79.00 or lower then yes, very well thank you. Otherwise I'll let you know after I cover.
More...
Order pending.
 
Quote from Laissez Faire:

Where does crude oil find a bottom?

I could have retired for the summer now, if I had shorted that bear flag. :p

Not a long-term player, but if I were to guess, it looks like a test of 80 is inevitable.
More...
--------------------
Think $79 handle on Monday or Tuesday.

Been working on this final low time and price for a bit while on fucking vacation--what the hell!

Not yet done--want to see the 1st hour of pit session on Monday before clarity arrives!!!

:eek:

peace

hedvig
 
You must log in or register to reply here.
Back
Top