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Technology Stocks : RF Micro Devices (RFMD) -- Ignore unavailable to you. Want to Upgrade?


To: nealm who wrote (231)3/17/1999 5:43:00 PM
From: DKR  Read Replies (2) | Respond to of 4849
 
As you know, I am short around 93. However, I have hedged myself (a bit) by selling puts. This stock seems to make it's up moves in the last hour or so, selling call premium on all or part of the position might not be a bad idea after a sharp rise...but what do I know I'm short...



To: nealm who wrote (231)3/17/1999 6:30:00 PM
From: Utopian  Read Replies (2) | Respond to of 4849
 
<<Is anyone out their day trading this stock?>>

I took my initial position in RFMD at 16. Starting from ~$50 I have been selling 100 shares every 5-8 points and buying back when the stock drops. I have had a number of trades this way since RFMD has been very volatile. As you know, the stock did not always fall back, and now I am out of 1/3 of my position. With the benefit of hindsight I wish I had not sold a single share:) I am not selling anymore. What a stock, and what an amazing company!!!

Utopian



To: nealm who wrote (231)3/17/1999 9:56:00 PM
From: robert duke  Respond to of 4849
 
Well then we should be in for a smooth ride. If everyone else is trying to catch up then this stock should move higher. Go rfmd. Now that the stock is doing good people are coming out of the woodwork.