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Technology Stocks : Semi Equipment Analysis
SOXX 285.23-3.7%Dec 17 4:00 PM EST

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To: Return to Sender who wrote (61001)8/8/2013 3:39:55 PM
From: Jerome1 Recommendation

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Return to Sender

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Insider Buying........This often is signal to pay attention....

What impressed me was that there were four insiders that made open market purchases around the $5.00 a share price. And these were fairly large purchases

By most standards I'm a two bit player. For three years I presided over a diminishing portfolio. And this year I.m on the right track. I only purchased stocks that had the potential to double or triple in the near future.

MU, ALU, SUNE , BAC, HPQ and NOK made the cut. I had to unload AMAT, INTC, BRKS, DELL, LSI, MRVL and some other minor players.

Now here is the strategy you will probably not read about in any text book.

I did put X amount of dollars into SUNE and 1/4 of X into into in the money calls going at least six months out.
The idea is to figure out at what point you are paying the least for the time premium.

In a down market this strategy is suicidal.

MU and SUNE look like the two best bets for the next 18 months. Memory usage is not shrinking...and solar will double or triple in the next five years.

I don't think Don wants a bunch of posts about option trading....so if anyone is interested send me a PM to learn what strikes I'm using on SUNE and MU.
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