Palm

someone's accumulating..........

 

good. i hold a few PALM calls, and they have been a loss thus far

 

I'm throwing a 90-day 25 USD target on PALM. Next down day I'm in.

 

i have APR 22.5 call. 3 of them.



not a big loss, but PALM has been dissapointing

 

My target is predicated on a simple thesis:

RIMM is overvalued, PALM is undervalued. I'm looking for some level-setting in the sector. That, and the treo is not infrastructure-propritary.

 

just sold 1/2 my PALM 22.5 apr calls for a niiiiice profit.

holding the rest for later

PALM currently 22.33



woof!