Big Board Toolbox

[boca_bobby]

SFI Chart $15.98 on 3/8/08:

This one just showed on on my "Pincher" scan. This scan has been one of my best tools so far in 2008. The stock is also optionable which makes it even more attractive.

Some Notes I found:

O/S= 136.57M
Istitutions Holding= 83.10%
% Short= 12.60% (as of 2/12/08)
Book Value= 21.649

http://finance.yahoo.com/q/ks?s=SFI

Recent News

http://biz.yahoo.com/prnews/080307/nyf019.html?.v=101

I am currently looking at the April $17.50/Calls options currently prices @0.85 but the bid is currently @ $0.75. I think the patient investor may get these @ $0.65 and would be willing to wait for this price. My reason being is that scan is traditionally early. So this means we may get a little dip that we can take advantage of when it happens.

Lets look at the #'s on this one:

We have a current PPS of $15.98 and a book value of $21.65!

Our target strike price is $17.50.
Our option price wanted is $0.65.
Break even point is $18.15 (17.50 + .65= 18.15)
Current Delta= 35

I look at this as a straight Call option play. If you can pick up the contracts @ $0.65 and we get a $2 move up in PPS of the stock we have another potential double in place. This play may take two weeks to develop to reach maximum profit potential. SO this is not for the guy that wants "microwave" profits but does have huge potential, imo.

Boca_Bobby