Mish, here's a Max Pain Criminality Scenario for you. What do you think?
1. Tuesday: Float CSCO rumor, thus driving CSCO & JNPR down two days before JNPR reports earnings; go long on both stocks.
2. Thursday evening into Friday: Announce that JNPR's numbers were just great, (regardless of how badly they suck), and, therefore, that CSCO rumor must have been a bunch of hooey. This should drive CSCO & JNPR back up to their respective Max Pain numbers in time for expiry. If that doesn't do it, float a rumor that MSFT is about to beat their numbers on the 18th.
3. Unload CSCO & JNPR.
4. Monday, (April 22), go short on CSCO & JNPR, then announce that, "upon taking a more detailed look at JNPR's numbers, they really sucked, and therefore so will CSCO's." Or, just wait for the real (nearly) inevitable CSCO warning. Or both.
5. When the NAZ tanks, cash in the shorts and go long at a hefty discount.
Am I getting too paranoid?
augieboo |
