AwesomeAvani

KO Buy the Bad News Long

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AwesomeAvani 已更新   
BATS:KO   Coca-Cola Company (The)
KO which as been in an uptrend corrected today due to the news of a 2,000 case recall for

a Salmonella infection scare. This is a gram-negative bacteria which causes bloody diarrhea

and can lead to sepsis shock and death ( for any with a medical background) The sell off of

about 1.5 % was abrupt with high volumes. I see this as a buying opportunity, Moreover on

the rebound reversal, those who sold short will be buying to cover to cash out for the

end of the week. Others like me will look to add to their existing positions. Overall, a short

squeeze could get underway and a momentum pump occur. I see a quick return to the previous

price over a week or less. I will add to my significant call option position in KO at a discount.

The subtle MACD cross under on the zero lag indicator is a tip off here. For those who like to

wait the flip of volatility from selling to buying and then over the moving average line is a

secondary reassurane albeit a little late.
評論:
By the way the "foreign material contamination" is feces ( AKA sh@#) likely from

rats or mice in one of the plants- beware of the coverup but I am buyng the bad

news.
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