cfoe,
Thanks for the link. I didn't listen, but nothing you write surprises me. Though at the moment I have puts on PWER, those will soon change to calls, possibly tomorrow. Wouldn't be surprised to see a technical bounce now, given that PWER is sitting between it's 10 and 20 day ema.
askresearch.com
Short term, the only problem I see here is the huge amount of front month open call positions at the 75 strike. It could move a bit lower from here for that reason, or trade sideways. Doubtless, that will be what the options pits will try to do with the stock. There still might be some momentum selling left here, so they might be able to do it.
But, there's a whole lot oLong term, I'm very, very long.
As you say, PWER's major "problem" is that it can't make product fast enough. I suspect within the next year or so that problem will be pretty well addressed; I know they're well aware, and working hard in that direction. But, that's just the sort of problems I love to see in a long term investment.
WS |
