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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Salt'n'Peppa who wrote (140168)	9/17/2010 10:21:18 AM
From: CommanderCricket	1 Recommendation Read Replies (1) \| Respond to of 206336

S&P, Thanks for the kind words. Don't understand why more here aren't trading options. As you are discovering, RIMM doesn't hasn't to go higher to make a lot of money. When the shorts go after a stock, they create higher volatility and an opportunity to harvest premium via writing puts or calls. ATPG and IOC are other examples of short attacks creating opportunities. A wide strangle on IOC over the last year has made me far more money then the common has. Michael

To: Salt'n'Peppa who wrote (140168)	9/17/2010 10:23:56 AM
From: profile_14	Read Replies (1) \| Respond to of 206336

If you like RIMM, look at NOK. That's the sleeper that will come back with a vengeance IMO. Trading at half the industry valuation but with 36% share. That means that it is really trading at 1/3 of the valuation of its peers (industry ex-NOK). Fourteen percent FCF yield last quarter, lots of cash/sh (over $3), 8% FCF yield prior quarter, and they are making money. N8 phone is selling better and at higher ASP than anticipated -- plus everyone hates them because they don't have a smart phone per se. I an an avid Apple fan and user, but don't own the stock. I own NOK 10x over any other preference for long IT/telecomm stock out there. I am out of APC for now, waiting again for a pullback (was short puts at 55). I also own DO leaps.