GRUB

[vanzandt]

Fitbit part 2 coming soon. $34.55 today but a short squeeze is going to push it north of $37. Then go all in.
Its not going to grow much more.
The the PE gets cut by 67%.
Growth is flattening.
AMZN will kill it. http://www.nasdaq.com/article/6-signs-amazoncoms-best-days-are-ahead-cm768470

 

[JackRab]

Hmm... you think? Maybe Amazon will buy it

Steadily going upwards in numbers... not a bad thing there...

 

[vanzandt]

Hmm... you think? Maybe Amazon will buy it

Steadily going upwards in numbers... not a bad thing there...

Even a midget will grow to 4 feet.
It was a baby.
Fitbit grew too.
Growth is anemic in another year on this one.
Plus Uber is going all out here too.
And AMZN already has the model and then some.

You're a friggin Aussie lol... hit the Outback Steak House and pipe-down. Go get a bloomin onion and a Fosters. Nobody rang your bell

 

[JackRab]

No mate.. we don't drink Fosters...

 

[Lloyd W. Coutee]

GrubHub Receives Consensus Buy Rating from Analysts $GRUB

 

[vanzandt]

I'm looking for a $38-$39 entry before I buy the puts.
Earnings are 5/2(est)
Patience ...
adhd is a trader's curse.

 

[Vincent S. Ashmore]

GrubHub upgraded by CIBC to outperform

 

[Cuddles]

seems like a hipster fad, I'd be short on it.

 

[Lloyd W. Coutee]

GrubHub upgraded by CIBC to outperform.

 

[vanzandt]

I'm looking for a $38-$39 entry before I buy the puts.
Earnings are 5/2(est)
Patience ...
adhd is a trader's curse.

If I can say I have learned one thing at ET.... its to respect T/A.
I didn't enter GRUB because of the chart.
2 Years ago I would have lost 100% on this thing playing the puts over earnings.
I thought it had $39 in it and waited.
Gapped up to $44.
Now its on the radar for sure as a play, but patience paid off.
Thanks ET T/A gurus... Eganon etc)