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nlightn

12/05/12 10:31 PM

#65904 RE: properlynumb #65903

not sure if it's great advice. logic suggests that the market will perceive this news as bad,...but i'm not following the stock so i don't know if the market has already priced this in to the pps...possibly it already has. but,...

even picking up 10 Dec $50 put contracts at the current price of .17/.18,...

man if this thing runs it could be a 1000%er,....

could even hedge it with a Dec $52 call,...so either way is covered. i have to do the greeks but initially it looks like a good play.

less than a $200 investment could net $2000.