Aug. 14 at 9:40 PM
$QUIK
Run, Forest, Run! (or rather)
Run QUIK options, RUN!
Run into Options expiration tomorrow!
Someone bought 552 August
$6 Call options earlier today,
and 94 August
$7 Calls too, on top of others yesterday.
So, ELEVEN minutes before the close, - BAM!
Then, into the AH, - BAM!
So, a close above
$7 tomorrow is highly likely.
BUT,
Tomorrow also closes the current short interest period, and a new one begins on Monday.
This stock is trading on air until February.
AND,
A Huge shelf was filed just now.
QUIK of course, WILL NOT benefit from this price pop, because it won't last long.
QuickLogic registers
$125M mixed securities shelf offering
05:24 PM | QuickLogic Corporation (QUIK) | By: Khushi Singh, SA News Editor>>