Friday morning
It doesn’t look as if the Mar calls have much of a chance to do anything other than to expire at a full loss.
I will see what we look like at the end for the day and how we start next week for a potential new entry. As of right now the options are of high risk but the stocks across the broad spectrum of the market are a huge discount. I personally see this particular company set to have a massive gain. As they release the 1 quarter earnings that should be the start of a huge rally if they are in the neighborhood of the predicted 220 million. If they hit that in revenue first quarter the new ARR rating will be based upon the +800 million annual close to 1 billion placing them in them in the potential 14 to 1 ratio which is still a relatively low number and the stock price staging in the 50-60 mark.
For now I’ll just stay patient and wait to see what comes
It doesn’t look as if the Mar calls have much of a chance to do anything other than to expire at a full loss.
I will see what we look like at the end for the day and how we start next week for a potential new entry. As of right now the options are of high risk but the stocks across the broad spectrum of the market are a huge discount. I personally see this particular company set to have a massive gain. As they release the 1 quarter earnings that should be the start of a huge rally if they are in the neighborhood of the predicted 220 million. If they hit that in revenue first quarter the new ARR rating will be based upon the +800 million annual close to 1 billion placing them in them in the potential 14 to 1 ratio which is still a relatively low number and the stock price staging in the 50-60 mark.
For now I’ll just stay patient and wait to see what comes