$C3.ai (AI.US)$ seems every time I look at this company it's...
$C3.ai (AI.US)$ seems every time I look at this company it's getting ready for the next quarter of earnings. there's a similar pattern that always results at least it has the past several and that's they're doing very well with earnings it catches the euphoria the stock trades over $30 and then it sells off. so what do we do about it well September we've got earnings coming out 9/4. I think your position yourself with some calls. go a week beyond at least their earnings date because it rallies after it's earnings for several days. and I think you look at a 28 strike
so you put an order in I think a $1.15 between the spread closer to the bid you've got a few days after earnings to let the stock rally and I think it pushes back to 30 and a half $31. so this should be 2 to 3x return on your money
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35+ yrs in the trenches, raised tens of millions for start ups, syndicate ipo's, yrs on trading desk mkt maker.
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10baggerbamm OP : c3ai trades in a channel look at the chart look at the lower moving average the upper it just goes from the bottom band to the top band wash rinse repeat. I believe at some point it will break out I don't know when but in the meantime why not trade what everybody else sees because they're going to go right back in this and they're going to push it up in my opinion back to the $31 level