Thursday, September 10, 2009
I touted GCI last week, but then some joker on Wall Street bought 35,000 puts on the name, and then www.optionmonster.com picked up that news, as though "somebody knew something."
Did anyone notice how people have said that advertising is picking up?
So I'll put this post out since John Najarian is on CNBC right now.
But why don't these touts just go over to Google Finance, and look at advertising trends?
I mean, didn't they advertise their 35,000 puts bought on GCI?
So what's happening to advertising?
So let me advertise something for these bears.
Sport tips are better than stock tips, even though the above headline accurately reflects this blog.
So go ahead, and take a look at what is happening to advertising. Click here.
See that chart? Why are advertising trends going through the roof?
Doesn't that mean that things are improving?
What is that? A first, a second or a third derivative change?
And that, my friends, is more than what the put buyers will have.
Because they won't even be left with pocket change!
Posted by Palmoni at 3:37 PM