Well, damn.
JD is up big in pre. Wondered why it started rocketing up for seemingly no reason last week. I got a msg that option buyers were pricing in a huge move for jd one morning last week. Seemed strange JD was pretty flat for the last year as they keep missing on profits. Up 18% in the last year, 16.5% was just last week.
Overnight they announced 550 million investment from Google and a strategic partnership. That would explain it. Congrats insider trading bros
edit:. It looks like they diluted shares and at a price lower than the current SP. Sort of surprised it's up?
Last edited by ChiliConCarnage; 06-18-2018 at 05:23 AM..
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