Not long yet but I am hearing good news. I recieved a comment about the straddle play, I will look into this and get back with you on it. SDNK just got estimates raised on it today and I hear Apple is buying massive orders of flask disks from them.
http://news.moneycentral.msn.com/provider/providerarticle.aspx?feed=BCOM&date=20090413&id=9779417
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RF the SNDK Straddle play is now cheaper. 2.06 on the call 1.93 on the put. I am not as hot on the $14 strike straddle as I was yesterday, but still think this could be a play by big money in the lead up to earnings.
ReplyDeleteGNK AT $15, RF IS ON FIRE!
ReplyDeleteI AM LONG FEED AS WELL SINCE $2.45, THIS WILL RUN FOR A FEW MORE DAYS, NO?
Those who live in the area I am already starting to plan the RF Appreciation Party!
ReplyDeleteAnon - Thanks for the comment. What kind of straddle are you playing? Are you selling both to play the price within the range? Or are you buying 1 / selling 1 or buying both and betting on a price outside the range? They report on 4/21, so May options are the play...let me know man.
ReplyDeleteDennis - 3 for 3 on the Stocks Under $10, you gotta love it man.
J - Can we invite Ron Humphrey?
THE SKY IS GREEEEEEEEEEEENNNN! haha - only RF and J will get that
ReplyDelete