RE:RE:WTFGreat grasp of events on your post Club.
Although as we all know that that Flyman is a perpetual complainer. But over the years I now understand that he is older, so he doesn't have the patience nor time with the latest Market Maker's games.
There are others like Glory that are hopeless as well. But life goes on as they say. My money is on these MM's, to bring calm, and good direction for this stock. This recent Shorting is orderly, as opposed to the pre-split, or 3 years ago shorting. I'm even ok with their shorting timing also. Everybody makes money. Except the Option guys. If temp is right about those 150K options due to expire tomorrow? Then I say, why give them that free cash on top, for that small cash Investment for those options. These MM's don't want to give away their power and I understand it. At the same time they conveniently make money on the Shorting side, We all know that the shorters have to play too. The point is is, that they have to protect the SP, and not give free money and shares to people, for which shares they've worked hard to get. So I have a theory on this unexpected SP drop to run by you, and you can correct me if I'm wrong or add to the point(s) I'm making. I think that the MM's are saying to the 150K option guys that if you want to buy 150K at face value? Then do it. We'll sell them to you. We're not going to also give $1M cash to do it, on top of that. So they're keeping the price bellow the strike price of $62 to $64. I think their strategy is perfectly good here. It's very reasonable, so to acquire true Investors that believe in the growth of the Company and get good Investors into the stock. Those Algo/Black boxes guys of the past were petty thieves. I'm actually enjoying these MM's strategy.
As for my swing trade Investment in the bomber stock? I don't hink I will start it until I get back from my summer Vaca. There is a saying in the Economic field. The law of "Marginal Utility" takes precedent here. Where my abundance of shares supercedes the need to acquire more shares. I have enough. I just wanted to play with some trades for spending money. If I can?? I don't want more. Unless the swing trading makes it necessary tax wise. I don't see the swing trades getting that profitable that quickly though. I having even started them.
I'll tell you something. Even eating steak often gets monotonous. Remember the "Law of diminishing returns". I get tired of cooking steaks too. Even good scotch has it's downside. Cheers