Seeking Alpha
  • Husky Financial
    LNKD sept 85 puts from yesterday morning up 50% already.. hanging on for the ride: is it #greed or is it #conviction? i say both :)
    8/2/12
    Reply (20)
    • lewwillis: I reached the same conclusion with my nov put. Up almost 30%, but gonna let it ride...
      8/2/12
    • Canary Cash: LOL, nice...I rode 75s for a few $$ last week, gonna sit this one out, you can make fun of me here after :)
      8/2/12
    • Husky Financial: no CC i wont. i posted this on stocktwits but this almost seems like TOO obvious of a trade. there is a possibility they open @ $110-120 tom
      8/2/12
    • Canary Cash: Maybe it's double opposites day: Cause it should tank it doesn't, cause it doesn't tank it does
      8/2/12
    • OneLongTrade: I was short going into the previous earnings... if you see the stock rip higher in the last half hour, take it as a sign...
      8/2/12
    • OneLongTrade: Last quarter LNKD jumped $3 in the last 20 min or so, then spiked 7-8% higher post earnings up to $120.
      8/2/12
    • Perkins Cove: ..."take it as a sign"....of manipulation? LOL
      8/2/12
    • Husky Financial: Idk. Coleman cashed out 40% of his stake, major CEO and CFO selling.. seems like they're fueling rev growth through sales staff increases
      8/2/12
    • Husky Financial: only thing worrying me is that is seems like a crowded trade
      8/2/12
    • OneLongTrade: Crowded trades work. Shorting BBRY, NOK, FSLR, GMCR were crowded trades once the big drop happened. And yet they kept sinking.
      8/2/12
    • OneLongTrade: LNKD hasn't had that big breakdown just yet, and timing that is key. I have my fingers crossed it happens tonight, but I'm not playing it.
      8/2/12
    • Husky Financial: btw look at price action in YELP last hour of the day.. complete head fake. can't use last min action as "signs" of ER
      8/2/12
    • Husky Financial: good point on BBRY NOK FSLR thanks
      8/2/12
    • OneLongTrade: There goes LNKD... let's hope guidance brings it back down to earth.
      8/2/12
    • lewwillis: Shorted a few shares at 100.41 in AH. Parsing the numbers, this spike doesn't make sense - hopefully numbers still matter!
      8/2/12
    • Canary Cash: I tried that with AMZN the other day, I had my toasted chesnuts served on a large platter
      8/2/12
    • enronorbust: sorry buddy. why options are so hard.
      8/3/12
    • lewwillis: Ha, thanks Canary... We'll see what happens. I can cover the short quickly - but I'm holding the puts for awhile.
      8/3/12
    • Canary Cash: Too bad Husky, OLT, next time perhaps - at least they are still growing and perhaps deserve worthy opponent status
      8/3/12
    • enronorbust: TIP - you CANNOT fight institutional ownership and sales growth. lost my butt on CRM... same story
      8/4/12