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Personally, I think that there is a very good chance for GE to meet or exceed the recent demonstrated highs we have experienced. Along with long shares, I bought long dated calls in anticipation of a serious run up in price.That'll be 2 cents, please.
Me too, I have 10 April 15 calls I paid 1.22 for, plus the 2k shares at about 15.You may be right, the upgrade may juice it past 17, but I am afraid the s&p may get too far ahead and stall the GE pps.
My calls are even further dated, to JAN 2011. I bought the 11 Jan 10 call and paid $5 for them. They are nearly up to $6 now and will most likely go even higher during next week.Good trades to you...