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Alias Born | 03/06/2003 |
Tuesday, October 21, 2003 9:37:42 AM
It's interesting question. Why the stock should reflect the seasonality, when this seasonality is not a surprise for anyone?
Check, we know 100% that this Q403 earnings will be much, much better than Q204 earnings. And Q104 will be more or less in line with Q4. So, we will have a sharp drop in earnings just in 3 months. What the stock should do? In seems stupid, but what can it do? - it will go up and then slide down.
I think January/February will be a good time to write big fat covered calls for July.
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