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Acme Packet, Inc. (APKT) Message Board

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  • bg_rox2001 bg_rox2001 May 11, 2011 1:38 PM Flag

    Buying May $80 PUTS

    Falling harder/faster than I expected in relation to the overall market - showing broader correction below $75. I'll be looking for around 72.50-73 range before basing out.

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    • Wrong so far. Like your pretentious WS technical analysis gibberish though - wrong on all accounts so far.

      • 1 Reply to bohica_bob_bubble_arse
      • Actually it was 100% accurate. I bought 80 puts when APKT traded at 80 on Wednesday...and sold them this morning - when APKT was at 76.

        It was almost 90% profit in under 24 hours from a 4 point drop, just in case you were wondering. I said fall back to 75, and it fell to 75.50.

        It is always so comical how offensive people get when you tell them their stock is going to drop. I even said IM LONG APKT long term.

        I even bought 80 calls when it spun up to 77 this morning for .90 cents and 1.00, and also, in case you are wondering, those are up 85%. Im looking to exit tomorrow if it hits the 81 area for another 90-100% in 24 hours.

        Using options, this is a dream stock. it swings 5-6 points every 2-3 days.

        Go bash someone else. Thanks