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SanDisk Corp. Message Board

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  • only_observing only_observing Nov 16, 2008 11:44 AM Flag

    I guarantee SNDK stock will be zero by April 2009

    Buy all the puts you can and be rich. April 5 puts traded at only 92 cents last.

    Buy all you can and you will make more than 5 times your money.

    Or even better, sell the April 5 calls for $3.30 and watch them go to 0 for an infinite rate of return, if you have the guts to do so.

    BTW, the April 10 calls traded last for $1.28 indicating that the market thinks that the stock is much more likely to be above $10 than below $5 as you suggest.

    But, of course, you know so much more than the market.

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