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Re: ChipGeek post# 34330

Friday, 10/20/2006 12:57:28 PM

Friday, October 20, 2006 12:57:28 PM

Post# of 151748
Re: Well, I guess I'll just have to go it alone without you and beamer. I bought my April puts with a specific goal of going through at least 2 earnings seasons, and I'm staying put (pun intended). I still think this is a $15 stock in 2007, and my price target for these puts is $18 by April. That should get me about a 150% gain. I'm up 60% so far...

I might buy back, because I also think the stock will hit the mid teens by mid next year. The only concern I had was a bounceback after investors recover from Q3 earnings. I wanted to collect my gains while I had them.
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