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Replies to post #124186 on Option Millionaires

Replies to #124186 on Option Millionaires
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GhostMOMENTUM

08/13/12 9:44 PM

#124188 RE: SUPERFREAK #124186

I've been taking puts on the tops on that one until it broke 42 and didn't work anymore haha. I'm thinking the same as you, let me know how the trade turns out.
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mdg66

08/13/12 10:58 PM

#124198 RE: SUPERFREAK #124186

WDC --> i don't own any ... but I don't see a topple coming. What makes you say that?
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cadillac107

08/13/12 11:17 PM

#124199 RE: SUPERFREAK #124186

Selling at approximately only 7x earning, this leading disc drive manufacturer is toying with its 52 week high, having just broken out of a classic trend reversal formation. I understand your logic that you believe the shares are running out of steam, having hit some resistance today and are now starting a pullback. However, I believe you are going to be in for a little surprise. Time will tell. Symbol:WDC.