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Originally Posted by huncho
i thought the record date got moved from 15th to 22nd? but yeah major deja vu and don't wanna end up holding all the way down again. all these valuations and price targets are too out there especially since no one knows what's going on with the float. $15 puts it at about 1.5b valuation according to yahoo but not sure if the market cap there is accurate. maybe $20 if we're lucky but it'd be hard to hold past the last all time high i think, and after that it's just unreasonable imo
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My mistake, you are right, moved to the 22nd, gives it all of next week unless they push back again. Same plan here, I will trim in 10% increments at various levels of resistance, either way substantial gains at any dollar amount we sell but want to time with catalysts too.
Quote:
Originally Posted by chsu74
Did you notice that $112.74-$112.20-$112.90 between 1:30-2:30EST? Only took 200K TSM shares to drop that but 600K shares to bring it back up..
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I didn't notice, great catch, I think you are right and it is probably MM's playing here for options tomorrow. Although we saw 11300 volume today for $115 strike tomorrow which I thought was peculiar. Strong volume though, unfortunate the float is so large but long term I think this is going to be a nice little trade for us.