Rick,
so you think March is enough time for jdsu to get past all this merger crap and possible FUD surrounding it currently?
The march 100's right now would need about 20% or so to break even in 6 months...not really too bad at all considering we should hopefully get a nice nov/dec run. The thing that concerns me is will jdsu participate in the end of year run? Normally I would say they would be leading the way, but I must admitt, I have seen too many times what mergers, fud and etc, etc, can do to a stock.....JDSU is a winner, no doubt......my only problem in selling the stock and rolling into calls is simply that although I know it's a winner....a long term hold, I have no idea when jdsu starts acting like jdsu again. If in 6 months we are past all this, then it would be a wise move to sell my shares and double up on the number of calls, wouldnt you think?
Anyway, I am just pondering ways to beat this market. I agree with the no margin approach and that is my goal at the end of the year. For now, I have to utilize it to a point, and am trying to do so wisely. Currently my equity ( and they dont count calls as equity, so the numbers are actually better they they appear ) is running at about 65 - 68%. I want to get the margin down to under 20% ( equity 80), and then in january, get completely off margin and stay off.
Anyway.....thanks for your thoughts
keith |
