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As I watched the ball in Times Square drop last night, I couldnt help but notice a huge LG sign. Personally, I cant see Z going under, but it certainly could happen. Just as with any company, you never really know for sure whats going on....ie: OXHP. However, I like taking my changes with Zenith. No one would deny its risky and if, like all other investments, you buy shares with money you can afford to lose, then whatever happens happens. I own shares and now May 10s and May 12 1/2 calls. If someone was willing to buy over 100 May 10's at 5/16 the other day, Im betting there is something positive coming. I could be wrong and have been in the past. However, optioning to buy over 10,000 shares at the price of 10.31 indicates, to me at least, that someone is very confident in Zenith. Just my thoughts for what they are worth..... |
