MY PRICE TARGET for run up $13-15
the options are sooooo cheap
just found a good trade idea that could bring in 500%+ profits on a run up for twitter ipo
this stock made a pretty sick run into the FB ipo went from $13 to $20 pretty nice move then crashed after the ipo cause fb sucks
Stock is = GSVC GSV capital Corp
current price 8.87
11/14/12 bottom was put in at $7
stock seems to have bottomed and is gearing for a move higher prob to 10s near term.
article here says the ipo could be in august
http://www.businessinsider.com/why-twitters-ads-api-launch-suggests-an-ipo-might-follow-in-august-2013-2
seeking alpha article someone wrote
http://seekingalpha.com/article/1013391-2-ways-to-acquire-a-stake-in-twitter-at-a-discount
Sept 7.50 calls currently 1.60-1.80 the premium on this is incredibly cheap this gives you 6 months for the run up to happen.
the chart itself looks like it wants to run to 10 meaning those calls will be 2.50 + so 50%+ gain even without a catalyst
current support 8.00-8.30
resistances 10 , 11
