Option Millionaires

[vita]

I am interested how it develops. I see many paid reports on STX and they have lots of competition too. I think insiders are the first to know, if the stock will double, so I still find it strange they would be selling 6 mil worth of stock, where they could cash in 12 mil if they wouldnt.

Reports and opinions are devided. Some think this high is bec of short sqeeze and speculation on floods, others think STX will be N1 supplier bec of the floods.We have to wait and see. My opinion is, not even AAPL ( or other compettitors of theirs) stay at all time highs for long and dubbles from there. But if it does we might see a miracle here. STX did trade high before 2007.

Hard drive maker Seagate Technology PLC says its first-quarter net income fell, as revenue gains were eaten up by higher interest and other expenses. Seagate has warned of delays because of flooding in Thailand. Although factories there are operational, the company is having difficulty getting some components. It says supply will be constrained the rest of the year, though the magnitude of the disruption is currently unclear.

http://finance.yahoo.com/news/How-chips-PCs-services-apf-2023568467.html?x=0&.v=2