Raymond, all of my $70's are at $1.75, so I feel pretty good about sitting those out. We won't talk about the $80s. One of two things will happen:
1) Before expiry, USR will release x2, and we'll have a big move up, and laugh all the way to the bank.
2) Expiry will come, no news on x2, the options will expire worthless, and there will be one hell of a lot of pissed off Robots that won't give a damn about the 3 laws.
I expect scenario #1, and the charts now seem to be pointing that way.
David
O/49r, did you ever short Ascend? My instincts were telling me to, but I didn't. :-/ It too had a reversal yesterday and today. |
