CRYP misses estimates for quarterly earnings by a mile? Check.
CRYP throws baby out with bathwater in a desperate attempt to show an operating profit to slop lipstick on poor quarter? Check.
CRYP sells off and is down 5% in first fifteen minutes of trading? Check.
Broader markets plunge again? Check.
CRYP somehow defies all of the above and comes roaring back, currently trading up +12% on the day (with the reversal coming so quickly that I'm currently holding well-nigh worthless puts)? Check, and mate.
Fuck a duck. At least it was only my gambling money left in my Scottrade account, and not anything in the IRA (where I can't buy options or sell anything short).
The broader markets are pretty much absolutely nutso right now, to use a technical term.
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2 comments:
dude, you gotta stop treating the rest of the world like a blackjack table! sorry i wont be seeing you in LA. maybe we'll run into each other in canada! thanks for the sports betting email too. had a good time in vegas with you.
david
But dude, those options were suited.
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