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Looking to catch another wave
Posted on 10/11/2006 10:34 AM | Link | Post Comment

SIRF shares have slowly shed more than 20% from their September highs.
I have been hedged on my remaining shares with put options, but yesterday I sold those options. I think the stock has come down plenty, and I am now looking to build back up my long exposure.
I think the quarter and outlook should be okay, but if investors overreact to the earnings report again, I will look to use the weakness to build my long position.
long SIRF
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- Sneak Peak Ahead Of The Open
- The Week Ahead
- A Mostly Flat Open
- Midday Check
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Morpheus Trading - Tue Sep 02, 2008 05:21AM
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