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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: Junkyardawg who wrote (51993)9/11/2000 8:12:55 PM
From: KM  Read Replies (1) of 63513
 
I agree with you re ADI. I had been playing it through the summer but after listening to their earnings call . . . . that's a keeper, big time. I wouldn't be surprised to see 140-150 by year end on it.

BTW, there was an unbelieveable option play on it. About 10 days or so before earnings, you could buy the August 80 calls for 25 cents. They went out at around 16 or 17 bucks. Like a dummy, I didn't do that, but sold the 80 puts instead, which wasn't bad, but my god, a 17 bagger in a week . . . . how often does that happen.

If there's a slam in October, look for something similar. I'm hearing their earnings this go around are even better.
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