this secondard issue just added 15% to the stock price by November... I will be direct...your reasoning makes zero sense except in the most extreme shorterm
Sage words, JW. And for those of us who do have an extreme short-term view at the present moment due to our expiring July calls (not a huge percentage of my Q investment, mind you), I take heart in remembering last month's runup in this same options expiration week: we closed Tuesday 15Jun @ 113 5/8, three days later we closed witching-Friday 18Jun @ 129 3/4 - a gain of ~14% in three days. The same percentage increase in the next three days would land us @ 163 1/2 on Friday.
This is likely very wishful thinking, but with earnings looming so soon, those long-awaited 'announcements' likely to turn up any day, and the inherent volatility implied by the huge number and range of expiring options, it's certainly not out of the realm of possibility. In any case, tomorrow, with the reactions to INTC and MOT to digest, is crucial.
Okay, this all may mean nothing, but I feel better for having said it. We now return you to your regularly scheduled program.
theraputically,
-Rose- |
