BW, actually I write research reports for a few firms, most are options houses.
Anyway, on 4 April, I mentioned SUNW & ORCL, and I liked them long, even long-time out, like the Sept. 20 ORCL calls around the 1 buck area. They crossed 3 today. I just couldn't resist cashing in just about all my longs today.
Message 15611051
NWRE & CALY had nice gains today..
Keep an eye on GNLB, todays dump may indicate a first buy range, I think they have some FDA news out soon, the way the stock tanked, it will be bad, but that gives a possible buy opp.
I talked about wanting to short CSCO this morning, so I was able to pick up some 15, 17.50 and 20 May & July puts on the cheap today on the spike. I don't think CSCO is worth 4x book, maybe 2x, but not 4, not with customers like WCII filing b/k.
No, I don't follow BTUI, but I will take a look, thanks for the idea. |
