MICRO Insider Pinch Plays

[Insiderbuys]

I own the stock out right in one of my accounts and took some gains today. I also own 2013 LEAPS (long term options). I have plenty of time on my side. Do not get me wrong if this thing went up to say $12 I would sell my Calls and move onto another play.

Look at the Monthly chart. this thing is even a pinch on that chart. It is trading at a 10 year low. The stock is trading at book value. My bet is that with in 2 years it will at least recover back to $12 - $15.


One of the strategies is to find a good value stock and buy the 2 year LEAPS and just sit on it. If within 1 year it has not met your goals , then sell the Option because it still has value with 1 year left.

Just one way to play the game

Insider