Immersion Corp. (IMMR) !! Message Board

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Technology Stocks : Immersion Corp. (IMMR) !!

IMMR 6.850

-0.6%

Dec 26 9:30 AM EST

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To: JakeStraw who wrote (112)	2/12/2008 9:24:43 AM
From: Patrick Slevin	Read Replies (1) of 143

Originally I bought in because of the technology it's true but I was also placing a bet on a lawsuit. They were in court with Sony for infringement. Winning the suit popped the stock, I wrote calls against half when it was 15 & lost it as it went to the 20 dollar area. So the rest is essentially free, and I wanted to turn the balance of the trade into a long term capital gain. Make the accountant happy for once. That of course did not play out to my benefit but I think it has more to do with the market than the stock. Anyway, in spite of the fact that it sounds like a daytrade gone bad I hung in with the shares because I think it's a value play. However, like all stock that I hold for the long term I've forgotten details that true believers know. Similar to NUAN, which I believe you follow as well.

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