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IPG Photonics Corporation (IPGP) Message Board

  • jtmbjm jtmbjm Oct 31, 2012 4:12 PM Flag

    today's action ??

    Can one of you smart guys explain just what happened today? I thought the numbers looked darm good considering where things are.

    Sentiment: Buy

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    • Goes to show you what I know in the short term!! I must have missed the "smart guys" part of your question. Hope I'm more correct when it comes to the long term. GL

      Sentiment: Strong Buy

    • JMO but I think the key is "considering where things are." Management beat, but guided lower for Q4. I look for today to trade 52.00 (-) and a continued downtrend to bottom around $46-48. Uptrend should resume in Dec-Jan. I like this stock & we've got 4,300 that we've optioned out to Jan '13 @ 60. I think the options will expire worthless, but not by much. Much depends on political solutions to election, "fiscal cliff" and overseas. (oops! market opened while I was writing). If it doesn't put you underwater, you can pick up a couple dollars writing Dec 55 calls. GL & hold on.

      Sentiment: Strong Buy

 
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