$CytomX (CTMX.US)$ From as high as 9.5 to current price of 2...
$CytomX(CTMX.US$ From as high as 9.5 to current price of 2+, i hope not many people caught bagholding here.
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70108039 : chased 8
Jaguar8OP 70108039: Oh. I don’t enter when price is running above 50% unless there is continued buying pressure that may force shorts to cover
potsy52 : Starting to move ^ now
Jaguar8OP potsy52: Yup but unlikely will reach 8 so it will be bad for those who chase at 8. Once offering is announced, this will drop again so secure profits on your way. Take advantage of this drop
potsy52 : Yes Sir/ thanks much
Jwhit : look at the options analysis for CTMX nothing but calls lots of calls loosing money that 3 percent put is making out at the bell unless it rises back
Jaguar8OP Jwhit: It already rose from 2.4 yesterday
Jwhit Jaguar8OP: it never rose above 2.40 and that was yesterday it got back to 2.4 day before closed at 4 and opened next day at 2
Jaguar8OP Jwhit: I meant it rose from the bottom crash. If you took that bottom, you would have earned 30%. Now with continuation of rise, it all depends on buying pressure and shorts.