SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Kirk's Market Thoughts
COHR 201.49+4.1%Jan 21 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Kirk © who wrote (3814)2/11/2016 2:54:12 PM
From: robert b furman1 Recommendation

Recommended By
Fiscally Conservative

  Read Replies (1) of 27117
 
I just sold some July 10 puts on Brks for $2.00.

If put to me it would be a net buy at 8.00 with a 40 cent dividend and a yield of 5%.

If they close above 10 in July I'll keep a 25% return on 5 months.

Book value is 9.44

Brooks dipped down to 7.00 ish back in November of 2012.

So 1 point downside and 5.48 upside.

They did hit 3.38 back in 08 but that was way before they spent 200 million in there life sciences business.

I may be way wrong ,but I don't expect this to be 2008. As he quivers while typing. LOL

Bob
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext