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Re: Mickey10305 post# 585

Thursday, 05/10/2007 7:10:58 AM

Thursday, May 10, 2007 7:10:58 AM

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Michael Murphy's best advise was to buy the $10 put (UKOQB) around 50 cents.
Most recent price = $3.90 -> a return of 7-8 X capital.

Anyone get some?


"I expect the stock to appreciate towards $20 as the date approaches, and at that time it may make sense to buy an insurance put. At that time, the May $15 put (UKOQC) should be under $2 and the $10 put (UKOQB) around 50 cents. "





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