Here is CBS, first discussed on Feb. 22 for the purchase of a call option. Here is the text then. It was written  where the two red arrows are in the chart.

If you had bought the June $5 option and held it to this point, it is now time to sell. RSI, MACD, 200-day MA, and the wave count all suggest that this is it for the time being. With less than a month to go to expiry the option should be worth about $3 .40 bid, $3.70 ask, for a gain of more than 8X.  The $7.50 strike , June is $1.05 / $1.15. If an earlier expiration date was chosen, with a $5 strike  there would have been a smaller gain. Lets just call it 30%.

The execution on this one was far from ideal (first recommended 0n Feb 22 @ about $4.80). It did turn out to be an a-b-c, at least that is what it looks like right now. It could get a lot better. Anyway we did do a 30% gain a few days ago, but should still go to just under $8. If not an irregular flat then this can go much higher but first would need a solid pull-back.

Wrong  perhaps in the count, , end result ultimately the same, except perhaps with options where time may run against you.

This is the parent company of CNBC, Maria Bartolomo et.al, the voice of (raw) capitalism. It is trading at a P/E of 2.8, is valued at 2x cash-flow, has gone from $55 to almost $4 and has an open short position of >6% of the float. It is worth $4bln or 4x as much as GM.

Here is the big picture. The discerning reader will immediately recognize this particular pattern as it seems to be recurring all the time. Notice that the stock has NEVER been lower than the almost $4 in late December.

Looking at the detail it seems to me that the move up from the late Dec. low is very possible a 5-wave move and therefore perhaps the beginning of a bull move, long or short but one that as a minimum requires another leg up! If so the minimum target would be about $10. A call option due June  (way too far) with a strike of $5 can be bought for $0.45. ,the $7.5 strike for 10 cents. Seems to me  much better odds than 649. The whole process, should it occur would take about a month to 5 weeks so a shorter and cheaper option may work even better. Should this work, it is a 10 bagger. Perhaps BNN will buy it.