I cant belive how bad THC got pounded after hours tonight. I don't make a habit of bottom fishing but this was just too tempting. It traded as low as 17.75 I hope I still love this stock in the morning :eek:
Looks like you did well, it's around $19.50 I was surprised this stinker was actually way up today, while other stocks were all down. Had to expect it was headed for a drop.
I'm buying some Nov 20 Calls in the AM. Purely speculative trade. Might turn it into a calendar spread.
I was already holding Jan and Feb calls before this massacre. My average is pretty low after buying stock tonight. I really think that when this thing shakes out it should be trading well above $25. There is good value hidden behind all the gloom and doom. Could get ugly in the short term. I hope there are some buyers tomorrow morn when all those stops trigger at the open. "May the trading gods be shining on us all"
The options prices were CRAZY last friday when it dropped from like $36 to $23. Never seen anything like it, wild bid/ask spreads, each exchange way different prices, no consistency.
i don't know much about this co. and I hope everyone makes $....but by the looks of it , I wouldn't buy this thing with Nitro's money....looks too much like TYC
Yes bizarre. NOV 25 C bid/ask was 2x2 when I bought. Today they closed at 3.90 up 1.30. I sold at 3.50 in the afternoon for no reason at all and recall being pissed about how much I left on the table. They might open at what - a dime tomorrow? Guess there was some volume on the 30s today too. Those folks are gonna be wild over this. Geo.