Post by
Nordico on Aug 08, 2023 3:35pm
Eyeballing the post-ER trading in 2023
Three quarterly ERs in a row now, there's been a huge dump/mass-short of shares in the trading days afterward from mid/high-$60s to mid-$50s, regardless of how good the results were. The past two times, there has been a return to mid-$60s within a few weeks. I think this will repeat once the manipulators switch to 'buy' mode yet again.
Comment by
johnney on Aug 08, 2023 3:37pm
What do you think of that Nordico!
Comment by
Nordico on Aug 08, 2023 3:54pm
Institutional f.ckery by some prop traders, or private hedge fund(s). I bought a ton of Nov and Jan call options on Friday, in anticipation of the SP returning to a more reasonable range by mid-late Sept.
Comment by
Tempo1 on Aug 08, 2023 4:03pm
How will you have a return with so long options? The premium for these options is 8$ minimum. For example, today's december options at 60$ are at 4,05$ (a 8-9$ premium) and the 66$ are at 2,15$ (you have to get a SP of 68,15$ to be break-even only). I don't know why but the Bombardier's options are very expensives.
Comment by
Nordico on Aug 08, 2023 4:13pm
The high premiums reflect the volatility of the shareprice over the past 7 months (back and forth from mid-$50s to mid/high-$60s on a bi-monthly basis).
Comment by
Nordico on Aug 10, 2023 12:22pm
So far following the pattern, with the post-ER mass-short/dump reaching mid-$50s, where buying kicked in; expecting another run to $67 within a month and a half.
Comment by
johnney on Aug 10, 2023 12:25pm
We all do hope, that you're right! GLTA!
Comment by
Nordico on Aug 11, 2023 2:43pm
Still following the 2023 pattern as we close the week; holding the bottom/rebound from $55ish. Expecting the algos to switch to 'buy mode' later this month/first half Sept.
Comment by
johnney on Aug 11, 2023 3:04pm
Summer vacations for the markets are always a bit slower, no matter what stocks! I do agree that about in September, will be better, at least I hope so! GLTA!
Comment by
Nordico on Aug 14, 2023 2:14pm
Continuing the rebound from $55; manipulator algos switching to buy-mode, on cue.
Comment by
Nordico on Aug 17, 2023 1:00pm
The big market down day on Tues really stalled the buying, for now. However, looking at Q1 ER dump as precedent, the SP went from $67s (at close before ER) to $53s over the ensuing month, then shot to $67 in two weeks.
Comment by
Truthifest on Aug 17, 2023 1:35pm
Previous quarters had more investor enthusiasm. We've been in a dead money buyers' strike for a bit. Looks like that's continuing. Not sure what gets investors enthused again.
Comment by
johnney on Aug 17, 2023 2:02pm
I'm not sure me either, anymore!
Comment by
Shamhorish on Aug 17, 2023 1:43pm
the closer we get to Q3 results, sh p will gain and gain,,,,then drop as usuall what can help accelerate the gain,, if bbd deliver more jets more often as of now (more than 50% of Q3 passed already )bbd deliver onl 6 jets in Q3 shouls at least deliver 30-40 jets in Q3 bbd nned to deliver at least 24jets in 51/2 weeks as to deliver 5 per week to me it look impossible
Comment by
johnney on Aug 17, 2023 1:56pm
Sham, from what I see now, I do not believe this anymore, talking for me, IMO, may be wrong also! A company that suppose to go well, I do think personally, wouldn't play this way! GLTA!
Comment by
johnney on Aug 17, 2023 2:05pm
Shamhorish, itls the same old story each time, next quarter, next quarter! Today the S/P talks by itself, sad but true, hope this will turn around, cause I don't like this at all!!!