Replies to post #9829 on Marketgems Earnings Trader- Trading Strong or Weak (MKTGEMS)

[makomemoney]

NVLS at these levels has a p/e of only 168.. Is that considered a blimp? lol

ROOM reports in 2 weeks and has moved up 9 points in 2 days.. Next week will be interesting...

[Fred Langford]

Jenna,

Not sure if you follow defense stock EASI, it's coming off quite a pullback...

They received 2 new contracts:


Engineered Support Receives $8.5 Million Contract Order From Air Force

http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=18102166

Engineered Support Receives $4.6 Million Air Force Order in Support Of Heightene

http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=18102228

Fred

[jenna]

EARNINGS PLAY --->CHKP October 17 for potential "anticipatory upswing" to continue and possibly a hold through the report. October 15 calls (KEQJC) for those more aggressive traders you can just pick this up here in the 14.86 area for a target of 17.50 by November (127.50 calls for November are also a possibility although I'm not crazy about the volume, but that should improve closer to the report date) spread is better on the November calls. The good thing about November calls (like DIA) is that you don't get too tempted to take all the profits in 1 or 2 days but hold longer.