PCAR Update

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

Bought calls and stock because this usually fills gaps

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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.

Trade closed manually

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

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

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

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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

hungry_hippo

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