GPRO/Rustle - They only have 125M shares and 20% institutions and insiders leaves 100M shares for the public and GPRO has sold about 10M cameras to people who can afford $400 to stick a camera on their head so all you need is for those same idiots to buy $800 worth of their stock (10 shares) each and it's sold out. That is now the perfect formula for a public company - sell stock in something that top 10%'ers like and they'll buy your stock along with the product and overvalue you like crazy.
Same with TSLA - it's totally controlled by institutions and insiders and the 60,000 people who've bought their cars pick up 10 shares just to stick in the garage ($2,500) and that's a lot as they also have a very low float (under 100M) with barely 20M shares available to the general public.
LOL Yodi - Couldn't agree more. Had I read your comment first, it would have saved me time above!
Dollar holding strong so far - no love given to copper.
You're welcome Newt and we have a Webinar today at 1pm.
TSLA/Rustle - The attempts at manipulation would be funny if it wasn't so evil.
Lines/Burr - They are Pivot Points and I use 3-day, 5 minute for the most part.
ABX/StJ - Yay!!!!
ABX can still be played by selling the 2017 $13 puts for $3 and buying the 2017 $10/20 bull call spread for $3.20 for net 0.20 on the $10 spread that's $3 in the money to start. 10 of those costs $200 in cash and less than $3K in ordinary margin and pays $10,000 if ABX makes $20 (up 5,000%) and your worst case is owning 1,000 ABX at net $13.20.
If you are margin-challenged, just the spread for $3.20 is a good way to pay too as you get all of the upside to $20 with $6.80 potential upside (200%) vs the $3.20 risk.
