Wednesday, October 19, 2005

Sandisk!

I spoke too soon and did not check the quote here this morning. Stock is down almost 5% today on UBS downgrade and bad INTC earnings. This is going to be one to watch. The options premiums are getting decimated today. Earnings out tomorrow!......Man this is happening too fast. I might buy between $500 and $1,000 of calls depending on the premiums tomorrow - we will have to see. Stil my luck is going against me right now and it might just be TOO spec. And for too little reward. I will analyze it tomorrow AM after I see where it opens at and give the area where I would buy the calls at, etc.

Regards,

BG

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