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hungry_hippo
8 Sep 2022 pukul 14.05

PCAR Update 

PACCAR Inc.NASDAQ

Deskripsi

Big gap and big drop, has not rebounded with teh market yet.

Bought calls and stock because this usually fills gaps

Komentar

Talk about nailing a bottom...

As for targets, each gap fill is a target. The first one may fill as early as tomorrow if teh market gaps up.

Trading ditutup secara manual

Decided I don;t want to hold this overnight, bailed wih a small profit

Komentar

LOL, feel like a dipshit for bailing, it already filled the gap

Komentar

Looks to me like it wants to fill the gap up now.

Komentar

One year Fed rate is 3.66% right now, which is about where PCAR dividend is depending on the annual bonus dividend (probably around $2 this year).

Based on $2 special dividend, PCAR pricing is $92. Probably gonna stick to this as a gap play, not long term holding
Komentar
BoomerMo
So, you are more inclined to think PCAR fills today's gap up before filling Aug 26/29th's gap down?
hungry_hippo
@BoomerMo, yes, but it has a tendency to move with the market and daily candlesticks are often a complete headfake. No position.
hungry_hippo
@BoomerMo, looks like I was right.....
BoomerMo
Wait, did you miss on this one? I just noticed it failed to finish the gap yesterday. I thought it would for sure.
hungry_hippo
@BoomerMo, made a little money yesterday, but yeah I bailed. Feel kinda stupid, lol
BoomerMo
NVM. I can't read.
BoomerMo
LOL, profit is profit.
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