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.
Technology Stocks : RGFX Raster Graphics

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Linda Kaplan who wrote (486)1/25/1998 6:12:00 PM
From: ted birnbaum  Read Replies (1) of 593
 
Well here is what I am thinking,

If RGFX comes out with decent earnings and no black clouds then
the stock should move up to 9'ish over 60 days or so. If not
the book value should support it in the Mid 3's.

I doubt it will trade in the current range either way but I do expect
it to move up slighly b4 earnings near 5.

So if I buy FEB 5 puts at 3/8 and have MAY 5 calls here are the
two possiblities:

Stock tanks to 3.5 after earnings:

Feb puts worth 1.75 Cost 3/8 profit 1 3/8

May calls worth 3/8 Cost 3/4 loss 3/8

Net gain 1.00

Stock runs to 9 after earnings and time:

Feb puts worth 0 Cost 3/8 Loss 3/8
May calls worth 4.5 cost 3/4 gain 2.75

Net gain 2 3/8

This plan fails if the stock stays flat.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext