Look, I don’t want to talk about today, and especially not BAS which is ground zero for this selloff.
I don’t see how revenue downgrades are news. BAS already said they expected revenues to contract by at least as much as the market seems to be fretting over. This was on the table months ago. You’re only just now realizing it if you’ve had your head up your ass.
I’d much rather focus on the promising move in SKUL, which is preparing for an EPIC short squeeze.
It’s Christmas time…
4 Responses to Meanwhile, In SKUL…
Well, that sucks. SKUL plummets from +1% to -1% in the final 10 minutes of trading.
We’re going lower. Been fun
I for one think the plunge in SKUL based on ibudz was much too severe….as a cat that uses these things, Ears come on too many shapes and sizes and SKUL does it right.
Puts are looking pretty juicy. Unless I am missing that the options have been adjusted (which I do not believe they are), it looks like the put/call parity is broken. If you are interested in holding the stock up until the holiday season the dec puts look pretty attractive.
I should clarify that I was talking about shorting puts vs. going long the underlying.