<<09:32 ET Adams Harkness raises targets for RFMD, SWKS : Adams Harkness reiterates their Strong Buy ratings and raises their targets for RFMD and SWKS (both to $15 from $10), as they continue to believe that the upgrade cycle to new color and data-enabled devices in the wireless handset mkt is underway, and feels that many of the issues that hampered the industry during the early part of this year (SARS, Asia softness) are largely over; firm also says Buy-rated KOPN and SMDI should benefit from the increased positive newsflow as well.>>
Good luck with the calls. In this type market you are probably investing far, far less then me, but probably getting more gains. I mean heck, those calls sure do make big pops up and down, and with alot of stocks jumping 100 - 500+%, I can only imagine what the calls are doing. I was looking at some RFMD calls when it was at about $5.50 a share. Was looking at calls 1 - 3 months out, with $5 - $8 strikes. I think stock is just now nearing $10, which would be a tad less then 100%. Looking at the calls, they are all up 300 - 600%, and obviously had you put the same $ amount into calls as you did the stock, you would have made alot more. A whole lot more. Additionally, you could have invested like 1/10 you have in the stock, in the calls instead for the same gains. And thats just rfmd which hasnt been one of my big gainers ( yet, I hope). Well, 100% isnt bad <ggg> and I hope it keeps going up, but look at nxtl from $3's to $20...aaii from $8 to $23, fdry from $5's to $20 atml from .50 to $5, ntap $7 to $23, jcom from $18 to $60, then a 2 for 1 split and close to $40 now... and on and on and on and on....Boy, the calls on some of those sure had HUGE % gains, and in hindisght I maybe should have bought at least some when everything was whacked down to those low levels. But, again, I go back to my new motto of not being greedy and instead be smart/prudent, have a solid strategy and stick with it, diversify and play it safe. Dont try and time things too much, just try to look at the charts, try to buy low and at 100%, sell SOME, but not all. One one hand, I wish I had just held on and not sold anything. I am not knocking 100% gains, but NXTL taught me a lesson. I had a BOATLOAD bought in the mid $3's. Sold 90% of all shares at $6.50 - 7.50, happy with my 100% and small lot left on the table. Sheez, who knew she would jump to $20 and look even stronger at $20. That taught me to only sell 30 - 50% of shares at 100%, leaving a larger lot to hold and hopefully ride higher. I wont change my strategy, but yes, I did sell alot of stocks alot lower then they are now. But as my wife keeps telling me, I am an idiot for being pissed at selling 4000 shares of stock abc for a 100% gain, only to watch the 3000 - 4000 shares still held go up another 300 or 400%. She says I should be happy we got 100% and still have shares that went up however much they went up. And I guess she is right. She always is <ggg>.....but I still can't help but look at those shares of fdry sold at $10, even though I have still have some and etc, etc, etc, etc,......and not be pissed at the gains I lost on what I sold. Heck, when atml went below $1, I started buying heavily. I sold half at $1.50 which was a tad more then a 100% gain. Now it is at $5, with alot of projections calling for her to hit anywhere from $15 to $28 ( not that any of that can be counted on). Sure, I still have a good many shares, but I could probably retire had I held it, and all my others, and sold now, instead <ggg>.....but, I will stick with being safe, staying diverse, keeping cash up, buy low, start selling at 100% and go from there.....man, this was a long post. Market probably dropped 50pnts since I started typing it 12 hours ago <ggg> |
