Tom, What do you think of VIGN ?
Looks pretty beaten down....lots of strong buys out there. Emerging field.
I waslooking at the September 35's for around $16. Current stock price is $41, down I think over $10 yesterday. Could be a good time to take a little taste...what do ya think? Also, what do you think about SEPT calls in general. It's kind of a rough period normally, is it not...yet I find I have elon, ntap, and a few others expire then. Most I bought recently on the dips and most are either atm or slightly itm (ha...well, this minute they are.....an hour from now, they could be $20 int or otm...who knows !!). I prefer to look for expiry in Jan, so we have the extra time and normally good period, but on many, sept is as far out as we can go.
Also......you think we are near bottom, or do you think we may actually test the mid 2000's. Personally, I have no earthly idea. On one hand...where the hell are all the sellers coming from at this point. I mean, sheez, if you havent sold out by now, will you??? And if so, why ? Margin...I think we may have a slight margin call problem, but very slight at this point. By now, the majority have taken whatever steps necessary to deal with margin. Economy looks fine, earnings looked great...I mean all things look good. But then you have the fear factor of all the wealth knocked off and the masses selling into any kind of decent rally. The scared shitless still sitting on the sidelines wondering when a bottom will be in. The houses doing their thing...greeny and etc......this is just a tough one to call. I will say this however. Whether we are at bottom and go up from here, or whether it gets even uglier and we hit 2800 or so, I still think those buying now...today....will be happy with their buys a year from now, regradless of the next 3 months....whaddya think??
Keith |
