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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (13116)9/27/2002 9:50:16 PM
From: Dave Gore  Respond to of 16631
 
But that's old news. I would love VSH to hit $2-3.

Fact is, they have been one of the better performers in the sector but tanked from $20-24, even as all the "Strong Buys" came out. Yep, those smart, honest analysts (not!) that people still listen too. Sad!

Would I have believed BRCD would hit $8 so soon? Probably not, but look at the current and expected earnings. A PE of 30 doesn't get me all that excited... and that's what it is today, even after the drop.

I am still mad at myself for not shorting ZRAN at $40. I was so focused on ESST that I should have realized that ZRAN was the perfect stock to buy Puts. Why I didn't invest even $1500 on puts (which has a fixed loss) is beyond me. I should have on TER, too, that I was calling a POS on the thread when it was at $30-40 too.

I made my 700% on FNM call options a year ago, but I can only look back and wonder why I didn't try more puts. it's for that reason that I would love to get someone on this board to publish well thought out major short or put candidates.