PBF: Potential start of the up move here

2016年10月31日

PBF has a solid setup here, it's bound to breakout above the highs soon, so we can start buying gradually until it shoots up.

Good luck!

Ivan Labrie.

2016年10月31日

註釋

Tim West has shared this article with me, it's quite relevant: marketrealist.com/2016/10/integrated-energy-refiner-stocks-lead-short-interest-6/

2016年10月31日

註釋

"PBF Energy
Currently, PBF Energy’s (PBF) short interest-to-equity float ratio is 14.3%. One month ago, it was 11.1%. Three months ago, it was 7%.

In the past three months, PBF Energy’s stock has fallen 3.9%, while the short interest-to-equity float ratio rose 104% during the same period. Its net debt-to-EBITDA ratio was 0.5x in 1Q16 and its cash and cash equivalents were $1.4 billion."

2016年11月1日

註釋

From the Key Hidden Levels chatroom:

the Gasoline boost helps

this puts us against resistance

2016年11月1日

註釋

the short interest can lead to a massive short squeeze
s3.amazonaws.com/tradingview/snapshots/p/p5ZAwQxv.png

2016年11月1日

註釋

the short interest can lead to a massive short squeeze
s3.amazonaws.com/tradingview/snapshots/p/p5ZAwQxv.png

2016年11月10日

註釋

Now we're talking!

2016年11月15日

手動結束交易

I'm out, waiting to reenter longs, either lower, or higher.

2016年12月2日

註釋

Nice dip to rebuy, I'll buy back gradually over a week from Monday close.

2016年12月7日

註釋

Good progress in the buy. I'm shorting the 30 strike calls, Jan 20 2017 expiry here, we might have hit a wall for a while.

2016年12月7日

註釋

2016年12月8日

註釋

We broke above the earnings level, if we see a daily high above it, on close, we can get rid of the short call and hold longs for more upside!

2016年12月8日

註釋

(and yes, double the position and place a stop at 27.67)

2016年12月9日

手動結束交易

I sold at 28.96 for now.