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10 Feb Eyes on the pump in $YOD

arrow chartBeing that this is decidedly a blog about options, I reluctantly mention this stock which is getting a nice pump today. The only catalyst I see for the move is a positive Seeking Alpha article which is (as of this writing) driving the price up a cool +50%. Yes, I'm aware of their contract with Disney, however this particular run-up is based on the opinions of an "analyst" who is compensated for page views to his articles - so call me a bit suspicious of the current price action.

I have my eyes on this one for more follow-through possibly tomorrow, then I'll be looking for some reversal patterns to get in short (if my broker has shares available). If I don't get a clear sign to short, I'll leave it alone - but so far it's looking like a pretty good setup (if you are into this type of thing).

Also, I'll be putting this Seeking Alpha author on my radar for new articles - as he seems to have done a nice job with this particular pump.

Stay tuned 🙂

yod

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