Ocean Man Look at the daily chart for CJES for the past few days and see why I just bought Jun $20 puts for $0.55.
6/14/12
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updownandaround: I don't think you can predict CJES chart movement based on the past. These shares are getting stronger. Good luck on your put, though.
6/14/12
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Kevin Merry: have to agree with updown. i sold out yesterday at 18.80, hoping to buy back in lower. this one has some serious momentum
6/14/12
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briandiplacido: Does using options allow one to minimize damage in the event of a short squeeze?
6/14/12
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Ocean Man: I see your points up and Kevin. It started to drop as I expected til that market spike. Yes Brian, can only lose $0.55, can gain $19.
Ocean Man: I just rode it up from 16.38, so I had some fun money for a gamble.
6/14/12
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Ocean Man: Always trust your friendly neighborhood Ocean Man. Market up 1%, CJES down 3%. Puts were a 100% gain in 1 day.
6/16/12
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updownandaround: Congrats on your 1 day CJES Put play. I think it will consolidate above the 50 day as it merges with the 200 and propel upward from there.
6/20/12
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Ocean Man: Overall, I like CJES and have been buying it on dips.