I considered those, but went with the April $7 calls, in the mid .40s, as I think something will transpire within the next two trading weeks, and this way I got almost twice the bang for the buck vs the May calls......obviously, I'm making an all or nothing bet here, but think the risk/reward is worth it......
BTW, am **I** the only one who noticed that, when it comes down to it, the supposed "breakup" of talks (which was never officially commented on by JAVA or IBM) is basically hearsay at this point, coming from hazy "undisclosed source close to the action", with comments that the "deal is "apparently off", "seen as dead", blah, blah, blah......now, MAYBE true, MAYBE posturing, but I think the investment media is putting the cart in front of the horse WAY too soon......Sun must know the ramifications of this falling through, and certainly remember the nastiness that happened with the Yahoo-Microsoft non-buyout.....people that smart can't be that stupid, can they?????? (ut oh, maybe I should not have asked that....)
also, on a hypothetical level (**I'm** not one for conspiracy theories, haha), if Big Blue wanted more leverage, what more could they ask for than a day like this one, where "undisclosed sources" shaved 2 bucks off of JAVA, and many shareholders are flipping out?????.....presto, all of a sudden, $9 looks pretty sweet, and $8-something is not too shabby either, now that Sun shareholders got a taste, and watched it evaporate.....something along the lines of a "you don't know what you had until you lost it" ploy......
Land of the Blind.
(Re-education Camp Director):
"What's better than a big juicy steak?
Nothing.
A stale piece of bread is better than nothing.
And nothing is better than a big juicy steak.
Therefore a stale piece of bread is better than a big juicy steak."
(done with my CRAZY theories, because this game is always fair and balanced for all.....note: some sarcasm may be present in this post)
