RE:RE:RE:RE:RE:RE:RE:RE:RE:$45.50Gonna be adding some October 42 calls most likely on opex friday. One thing with options is never buy less than 1 month ones cuz yea you can get harpooned like the last 4 days at any time for no reason other than shorties pounding it down.
Current ones are August expiry so are after the earnings report......which I expect will be a good report and will cause another big spike cuz this is still the most shorted stock in canada.
Technicals are in a buy range, RSI is back to almost 50 now which was the lows of the last 2 waves before the spikes....and well biggest thing is the impending golden cross coming soon!
Also gotta say Brian Acker is a total buffoon he only pumps his USA stocks and was totally misleading on his ENB call haha I am sure he is one of the shorties that is losing big. If August prints another 80 cent earnings quarter then they are on track to earn 3.20 and can cover the 2.60 divvy easily and then some, Acker used 4 preceeding Qs numbers to bash the ENB but uses forward earnings for his USA stocks.......he is laughable.