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AcousticHockey

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AcousticHockey

Re: Breakout post# 13075

Thursday, 05/12/2011 10:58:32 AM

Thursday, May 12, 2011 10:58:32 AM

Post# of 90887
I may try to play it safe. I know that the current strong resistance point is at $249. I will be looking to liquidate when my calls reach $8.50ish (which would put the stock around $247.50 or so). Reason being is that the potential risk is far greater than the potential upside. Premiums will have basically run their course and to really go much higher I would be needing for the stock to break the huge resistance point. Once I feel the risk is greater than the upside and premiums have run their course (they've slowed down with increasing) I'll be making my way to the exits.

No matter how big or how small...Green is Green :-)

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