VRX restating earnings...BLATANT frontrunning

there was fear that there was going to be significant restatement of earnings related to philidor (or whatever) and it turned out not to be meaningful. short squeeze.


Sounds like a good explanation but it's just speculation. Even if the "restatement of earnings related to philidor (or whatever)" turned out to be meaningful VRX still could have jumped 5% after a two day 20% sell-off.

It's known as Volatility.




:)
 
Sounds like a good explanation but it's just speculation. Even if the "restatement of earnings related to philidor (or whatever)" turned out to be meaningful VRX still could have jumped 5% after a two day 20% sell-off.

It's known as Volatility.
:)

"Volatility" is the reason you ascribe to a movement you can't explain through obvious reasons.

JPM is down 5% today. Is that because of volatility or because they said that the trading business is sucking at their investor day?

VIAB had an intraday spike. Was that volatility or because there might be pressure to break out part of the business?
 
JPM is down 5% today. Is that because of volatility or because they said that the trading business is sucking at their investor day?




Another VOLATILE day for JPM and the market today, that was quite the bounce off the lows.



:)
 
I am short down-side Mar18th puts (synthetically) in this. Misery loves company (newwurld).

I have upside short puts (they were downside when I put them on last week). It will be a volatile position but I believe it's a good trade.

Citron covered their short on the stock.
 
I have upside short puts (they were downside when I put them on last week). It will be a volatile position but I believe it's a good trade.

Citron covered their short on the stock.
The nice thing about short puts is you lose less than 100% of strike. :)
When a company is in trouble either the CFO resigns or they lie. The CEO always lies of course. If the CEO says 'we see no problem with debt service going forward,' and the CFO resigns, double down on your shorts! :D
 
Sounds like a good explanation but it's just speculation. Even if the "restatement of earnings related to philidor (or whatever)" turned out to be meaningful VRX still could have jumped 5% after a two day 20% sell-off.

It's known as Volatility.




:)
if it was all about volatility, then why did the VIX dive?
 
Ackman on suicide watch yet?

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