Seeking Alpha
  • 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
    Reply (9)
    • 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
    • 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
    • BTD70: Does using options allow one to minimize damage in the event of a short squeeze?
      6/14/12
    • 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.
      6/14/12
    • BTD70: Thanks.
      6/14/12
    • Ocean Man: I just rode it up from 16.38, so I had some fun money for a gamble.
      6/14/12
    • 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
    • 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
    • Ocean Man: Overall, I like CJES and have been buying it on dips.
      6/20/12