Yeah!!!
INTC is breathtaking isn't it???, I thought it would open at $135 after the Kurlac news... Thank God for the PPI!!!!!!!
It didn't, so I bought Apr 145 calls, and Dec 135 calls, both way out of the money, then!!! (up about 300% on the day)
What a stock, now sorry folks this may make me flame bait again (go ahead Dana, call me a young 'un or whatever), but this was what I was talking about when I said that MRVC was costing me money!!! I had money tied up in it, while my some of my other holdings were screaming (INTC, ORCL, ZITL), it was declining ....
I have flipped MRVC a couple of times lately, every time it quit moving up, and I know this pisses you long term folks off, but hell, when it pulls back again, I will buy it again.... (only to sell after running up!!).
To anyone who cares about my opinion, I believe MRVC is a great company, I just feel it is unrecognized as such by the street right now.... I do believe that it could easily be $40 by the end of the year ('97 Dana).. It just needs to gain a little momentum, and the upcoming road show could provide at least a little of that... (I will buy it before then, just in case)...
Ernie
PS, sorry if I am gloating a little, I am just thrilled with my INTC!!!, I still love MRVC the company, just not real thrilled lately with MRVC the stock....
PSS, (I AM NOT A SHORT!!)
Go Canes!!!! (NOT!!!) |
