I don't see MSFT hitting 30 in two weeks. It has to jump 12.1% in 2 weeks
There is a lot of chatter here at MSFT gettng to 30, 32, 33 in two weeks. For that to happen the stock has to jump by 12.1% from 26.74. It was at 27.75 on Monday this past week and from there it was a lot closer i.e. only 8.1%. Now the distance to strike 30 is 12.1%..that is why I ask has that ever happened? Also there is Jan 18th yearly option expiration with max pain at strike 30. It can get near but I doubt it will cross 30.
two thing to remember. MSft has 70 billons of cash in the bank, and if they decide to deploy that money, all bets are off!
I remember over the last year, there were occasions, that MSFt jumped almost 6-8% in a single day, so everything is possible. Big news out from eleltronice show next neek can also play majoc for MSFT. Many win8 systems will be out, do not what they are and how good they are yet.