Commencez
hungry_hippo

SMP up 16% on barely beating estimates

Short
Standard Motor Products, Inc. (NYSE:SMP)  
hungry_hippo Mis à jour   
NYSE:SMP   Standard Motor Products, Inc.
Chart Patterns SMP
2
1
chartpattern smp
Up a ridiculous amount barely beating estimates. With the lack of liquidity in the market, this should head right back down to low $40's by next earnings.

There is a chance it can reach ATH before tanking though I doubt it.
Commentaire:
Huge jump to all time high on no volume, loading up here on puts.
Commentaire:
They pumped it back up over $54, lol. No bids on Level 2, less than 1,000 shares between $54 and $51. One big sell order takes this straight back to $47.
Commentaire:
Finally broke below $54, targeting $50.5. If it goes back up, I'm adding puts at $56, it might be range bound for a while.
Trade fermée manuellement:
Decided to close most of my put positions since I expect the market to bounce here. Took a loss on this one, but LB more than made up for it.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.