good luck....I actualy picked sndk up at 29 7/16, but I only bought part of what I wanted....I figured A) I already have some which I covered at $53 with jan $60 strikes and B) I wanted to be able to buy more if she dropped even further.....so i went with the 1/3, 1/3 , 1/3 approach.....ready to let it go upward, or ready to buy more at $24 and 415 if JW is correct and the naz implodes.
My thinking is this, 5 years from now when sndk is much higher, I will send Merril a thank you note......I have been watching ciena for a long while....it is getting intersteing as well, but at the same time, I think I am better off staying with high growth, low PE stocks......jdsu and rmbs are killing me....I need more atml's and sndk.....not sure what to do with qcom....would love to hold it forever, but sheez, I dont want to ride it back down to the $50's again......shoulda sold at $100, byt then again if I make my list of "shoulda's", it would take too damned long.
I'm gonna go grab a drink at my neighborhood pub and shoot a few games of pool.....wonder whats in store for naz tomorrow........by the way, you planning on holding or trading sndk?
Good luck
keith |