Friday, April 3, 2009

RF Buy FDO calls

Bought 4 at 32.50 strike at 1.10

Bought 6 at 35 strike at .35 avg

Report Wednesday!

2 comments:

  1. I'm not missing out on this one (RIMM). Scooped 3 at 0.35. Read a real nice article on them last week.

    Dumped the JPM 27.50s pre-market for a nice gain. Thanks for the tip.

    ReplyDelete
  2. I am hoping for strong buying on Monday or Tuesday, in anticipation of the earnings. They report Wedneday AM. The estimate of $0.60 seems a bit low. It's up about 35% from 2Q 08, but Q2 07 estimates were $0.60. I know things have change (revenue growth, etc) but if these are comparable, they should drill it. These economic times are forcing more buyers in, than in 2007. I hope we connect, many hedge funds tried shorting this stock but got killed. From most of the analyst price targets that I have seen, the stock target is around $40.

    ReplyDelete