Barron's column, "Up and Down Wall Street, quotes Charles Nenner, who correctly recommended selling AAPL @ $700.00. He states that gold will fall further to $1284.00 by June. Nenner, states, "don't try to bottom pick just yet."
What is your opinion?
If you own a put and the stock falls below your strike price you can forced to buy at that price.
I own 35 170 May 18 at an average price of $2.10. I am betting a market pull back on Monday and LNKD goes down big time. Just my opinion and money. Too many bulls and positive commentary. The party cannot last forever.
The common stock of CIT was wiped out in the bankruptcy. The common today is a new stock that was issued after the bankruptcy. Bondholders received shares, but again the common was wiped out.
Buy it on the news stand, if you can afford to play AAPl then you should be able to buy Barron's or subscribe to the online edition.
The Barron's is on sale at most news stands, or you can buy it online. If you are playing aapl you should be able to buy a newspaper or spend a couple of hundred dollars to subscibe.
Some nice stuff in Barron's concerning this week, it may be a catalyst for futher moves toward $500.00.
Just my opinion. Read the articles for yourself and make up your own mind.