GBA Presents: THE BARE ESSENTIALS

TrailerParkTed said:
Van or Stoney, you think MULN will take out $2.50 by tomorrow? Every attack by the Sellers gets absorbed $2.1-$2.15 range. Call buying on options expiring makes no sense, paying .20-.30 on a $2.50 strike.
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It has a tendency to sell off at the end of the day it looks like.
If you do buy them, I'd close them before 2:30 EST
On this much volume, you might want to buy some of the $2.50 puts for .45 here and keep those overnight. This thing has already traded 100X its float today. A lot of that call volume is new contracts selling into the bid.
The biggest trade is someone bought almost 1700 of the $2.50 puts for $0.51
I'd go with the puts.
 
vanzandt said:
It has a tendency to sell off at the end of the day it looks like.
If you do buy them, I'd close them before 2:30 EST
On this much volume, you might want to buy some of the $2.50 puts for .45 here and keep those overnight. This thing has already traded 100X its float today. A lot of that call volume is new contracts selling into the bid.
The biggest trade is someone bought almost 1700 of the $2.50 puts for $0.51
I'd go with the puts.
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I have few hundred calls I bought yesterday, they were cheap. Maybe I am taking my position? It broke out on nice volume now.
 
MACD turns up. This has been up every day since we mentioned it... albeit tiny amounts.

Virgin Orbit Holdings, Inc. (VORB)

6.50+0.47(+7.76%)
As of 12:12PM EDT.

 
Investing is at time cycles within cycles. I would argue renting heavy equipment is in a up cycle.

just recently HEES management announced a significant increase in capital expenditure.

Today, I can provide greater clarity on this and report our plans forgross fleet investment in '22 of $550 million to $600 million. The investment represents the largest annual gross capital spend in the company's 60-year history and suggests our confidence in a fundamentally robust cycle. This investment will also provide the equipment needed to support another growth initiative, the continued expansion of our branch network with additional warm-start and greenfield locations.

H&E Equipment Q4 2021 Earnings Transcript

$550 mil of new toys to rent<----- bigger selection at a time of broadening need.
 
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