caught 1.2% of that move, shud have got in premkt and with decent size but this stock scares me to death, waaay too volatile.
time to buy RMBS again? 12 ma is about to cross the 20 ma, BB's are beginning to tighten once again, and volume has remained rather low. The stock has consolidated over about two months, and momentum has been flat. At the start of November, MFI has risen over 50 showing accumulation. positive signals: MA's BB's MFI Negative signals: Volume the current trend Neutral signals: ROC (momentum) --- I think a breakout is about to happen. What do you guys think? http://stockcharts.com/h-sc/ui?s=RMBS&p=D&yr=0&mn=4&dy=0&id=p67249541112
I took a few calls for a little ride between the $20-$20.75 points of the run. Didnt exactly get them cheap, so I didnt want to hold them more than a couple hours. RMBS is always on my watch list. When I saw it closing in on $20 late this AM, coupled with absolutely enormous call buying - we are talking tens of thousands of contracts here - I figured it was pretty much a given to burst into the $20's. Wish I would have held on for that last hour wave making a new high. Its freakin even up nearly another $1 in afterhours. The $22.50 calls were fetching .05 even late this morning. They will be selling for .70 probably at the open tomorrow. Thats like a 1400% ROI over night.