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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?


To: Jon Koplik who wrote (82800)1/26/2009 2:33:37 AM
From: ihavenoidea  Respond to of 196843
 
yes, for those of us that don't get the obvious - the more indicators appear that china's national policy is to cheat the U.S., the more it indicates it will certainly cheat qcom.
One statistic Thurow uses has a possible cancer attached. The U.S. capital income growth compared to the europeans from 1990 to 2007 may be skewed by all the wall street, private equity, and C.E.0 skumbags paying themselves $10s and $100's of millions, and sometimes, billions of dollars, from the lifetime savings of stockholders and other victims. So, for the next 17 years European per capita income will probably be more in line with the U.S. since most U.S. banks and other financial institutions will be gov't owned or controlled, and thus the exorbitant income of the fat cats will be impaired. But are we finally throwing the baby (free enterprise) out with the bathwash (ceo pay)? Next, we will start coming to limit jacobs pay. Wasn't $17M too much for last year while most employees got 3-5%? Greed does lead to socialism. Then we will be just like China. Its all soo simple. i.

The United States is not standing still. In fact, its per capita income grew faster than nearly all other big countries from 1990 to 2007. Europe’s per capita income fell from 85 percent of that of the United States in 1990 to 66 percent in 2007, according to International Monetary Fund statistics.



To: Jon Koplik who wrote (82800)1/26/2009 1:55:42 PM
From: engineer  Read Replies (1) | Respond to of 196843
 
Jon....is this you strangl,ing Qualcomm?

thestreet.com

Options: Betting on Qualcomm Range
01/26/09 - 01:39 PM EST

, QCOM (Cramer's Pick) Jud Pyle CFA
By Jud Pyle, CFA, chief investment strategist for the Options News Network

Qualcomm(QCOM Quote - Cramer on QCOM - Stock Picks) manufactures and markets digital wireless communication products.
After hitting a five-year high of $55 in August 2008, the shares have seen a decline like the rest of the market of over 35%. Today, however, at least one investor was willing to bet that the stock would sit in a range between now and March.

In the first 30 minutes of trading this morning after the open, an investor sold more than 14,000 of the March 30-40 strangles for around $1.75. That means that the investor is selling the March 30 put and the 40 call simultaneously. In this case, he is selling the 30 put for around 65 cents and the 40 call for around $1.10.

So why might the investor be selling this strangle? Well, for starters, he has maximum profit of $1.75 if the stock is between $30 and $40 at March expiration. Since the decline in the shares from the $55 level last August, the stock has not closed any lower than $29.21, which is the level it reached at the bear market lows of Nov. 20.



The stock has also been hard-pressed to close above $40. Even back in late October when the market was charging just prior to Election Day, the peak close in QCOM was $39.72 on Oct. 30.

Another thing that is interesting in this trade is that the investor is showing no fear in the face of upcoming earnings from QCOM. Earnings are scheduled for Wednesday, Jan. 28, after the market closes. Despite that potential catalyst for a move, the investor is still selling this strangle.

v