I'm going to try again. Set limit buy orders, 10% of my money each, at 70, 65, 60. These are exactly the same orders I placed the first time the stock approached 70 (on the way down). I'd guess the odds are 2-out-of-3 of getting my 70 order filled, and less for the other orders. From current levels, one big down day for the Nasdaq (with QCOM following the market, which it may not, given recent action), and I'll get some of my orders filled. Sentiment on this stock seems to have turned. Still, it's so volatile, there is a fair chance of getting some at a decent price. The opportunity to get QCOM at great prices is past. My guess is, we've seen the bottom for the year, and we won't see the 50s ever again.
Does anyone know the exact date I need to be holding QCOM, in order to get Spinco shares? TIA. |