Discussion in 'Stocks' started by blast19, Jan 30, 2007.

  1. blast19


    Looks like a good short...although I'd opt for $10 Puts for March which are pretty much trading at fair value for the stock...with over a month to expiration those puppies offer some awesome leverage.

    Stock is in a blatant downtrend and it's likely to continue even after the gap down today with a lot of reporting about company weakness.

    Alas...I'm tied up in a similar play with THC, but I'd be all over that thing...especially if it breaks below $8.20.