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Politics : High Tolerance Plasticity

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To: Warpfactor who wrote (5389)6/22/2001 10:25:36 AM
From: ItsAllCyclical  Read Replies (1) of 23153
 
Thanks for the heads up on NUFO. Looking at their cash levels and their cash burn rate $6 seems like a safe entry pt.

Got some at 6.10 today.

Also looked at the options.

cboe.com

In particular notice July. Based upon option expiration theory we should see a close above 7.50 by July 20. It doesn't always happen, but combined with the fundamentals lead me to believe there will be more upward pressure from here now that JDSU is going the other way again.

Looking for 8+ and then I sell or trim.
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