This is a pendulum pick that I've gotten a couple times now. I have it on my calendar for tomorrow for some possible entry or action. I received it last week or Monday (can't recall), then again today. I seldom look up companies, but today I did look under "news", and a week ago there was an article from zacks (via yahoo finance) that headlined the "surging" IV in XERS. There were quite a number of calls bought today as well.
Anyway, I want this for a longer term investment because I think it has some serious potential in the short term, and then a decent run up longer term. So exciting! I hope it's right.
Anyway, I want this for a longer term investment because I think it has some serious potential in the short term, and then a decent run up longer term. So exciting! I hope it's right.
So, what happened? We finished the show this past weekend, and the XERS trade was perhaps finished as well! D'oh!
In the near term I have slight weakness (that can be bought), however, next week on or around the 7th could be some fireworks to the upside.
It also may have potential as a 3-6 month trade looking for $13 area.