been quitely sneaking up since mid July.. sadly didnt see it early.. did anyone see it coming and will it break $27...ideas...
I have been trading call options with it. Closed my option cause I think it may fill the gap to around $27 & stalls for a while.
http://www.elitetrader.com/vb/showthread.php?s=&threadid=71114&perpage=6&highlight=msft&pagenumber=1 Long, avg price a little above $23.50. Still holding...$27 is not the key level, $28 and change is... If it breaks $28 cleanly I don't see what can stop it from low 30s. Below 28, odds are not unlikely that it can go back to $24 for all anyone knows. nitro
Long with calls. 50 contracts, to be exact (Jan 08), and that ain't no chump change. MSFT will run to $35+ warts and all.
i like softy i have some calls and some stock too beginning of a new product cycle no debt clean balance sheet. good cash flow nice dividend chugs out earning - stock has been dull for a long while but its a great company. conservative play but if things turn down - these quality companies are a good place to be.... i dont know about trading it... the break at 26 was saweet - but i will hold this in my portfolio....
With the Nintendo WII and PS3 coming out.. Plus the possibilities of further delays on MSFT's new operating system and office product.. I am a little bearish on this stock. I am shorting it as I think it will go down. On the other hand.. I've done well with AAPL. Lucky I guess....