Brohma

Brohma

The target at Fib 0.50 was hit and it easily blew thought Fib 0.618. Very good option activity. Year targets range from approx 10-14$. Aviation carries extra risk. Always use stops and watch volume.

Brohma

It is retesting Fib 61.8 after hitting Fib 1. If it continues up with some volume I am going to try calls from 2 to 3$ going to Jan. If it can push through 2.15 I will be looking at the target of 2.55. There should be more positive news this month and with the reverse stock split announcement I hope it will draw more interest and accumulation.

Brohma Updated 

I've ben watching this for several days. Most analyst are bullish except one thats bearish and has it listed as a short sale candidate. It was breaking down below the neckline but has reversed and trying to move back up towards the VPO. Currently holding Calls with a strike of 17 and 19. Option activity this week appears to be expecting a large move in either...

Brohma Updated 

The stock is extermely overbought on different timeframes. So far the puts have not paid off but the stock will have to retrace at some point. Targets on 2hr chart.

Brohma

I've ben watching this for several days. Most analyst are bullish except one thats bearish and has it listed as a short sale candidate. It was breaking down below the neckline but has reversed and trying to move back up towards the VPO. Currently holding Calls with a strike of 17 and 19. Option activity this week appears to be expecting a large move in either...

Brohma Updated 

Anything aviation related carries extra risk. With that said the milestones that have been reached and expanding customer base the upside is tremendous. Agreements with Japan Airlines, United, Southwest, interest from the military, air taxi agreements in several large cities to provide air taxi service between large events and the main airports all speak to the...

Brohma Updated 

Earnings were bad with a initial drop in price, followed by heavy buying with reports that the stock was still a buy. Today's option activity shows a potential rotation into calls from puts inline with that opinion. I don't think it will move much higher considering the earnings and store closures so I'm watching for a drop as the news picks up on store closures...

Brohma

I will update more but GSAT is the provider for Apple's satellite services which is being used to promote new phones sales. This has been getting more press with the climate disasters and its use getting emergency help when the cell towers are down. Apples investment is approx 1.1 billion dollars so far. GSAT also owns a prime piece of FCC spectrum and has...