All ITM calls have intrinsic value, it's the long dated calls that fluctuate less than near dated calls - up or down. I would give it until the next earnings announcement. There may be good news, hype or just the anticipation into earnings will make it go up again. Question is when your trade nears break even or becomes profitable, will you get out completely, reduce your exposure, or get greedy. Volatility is hard to play and can take on a life of its own apart from valuation.
Parallels the iPhone 5 launch. A solid evolution, but not a game changer. What more do people expect from a phone nowadays?! They're fantastic devices already. Some will buy the S4 on specs alone, but my PC doesn't have 8 cores. Real breakthroughs will come in the form of usability, reliability, battery life, and faster data speeds.
Another form of a giveaway to buy votes for 2014. Arbitrary pay increases for unskilled labor. Their pay will go up when they learn a skill or do work in high demand. Get the economy moving again, and everyone will be better off. People shouldn't be making careers in these jobs. Let's face it, their prospects are a product of bad decisions they made a long time ago. A minimum wage hike will put a damper on hiring as will the impending Obamacare rules. Some businesses will close, and service will get worse at restaurants, stores, etc. Dems are keeping the poor down while pretending to be their friends and asking for their vote.
Question is will it work as advertised. What if you wear glasses, sunglasses? Will the screen just jump all over the place?
Truth is Dems support unions like the UAW, but buy imports brands like Toyota.
Bernanke Akbar! Otherwise, things would really be in the crapper. Prez is working overtime to crash the economy, or turn the US into France.
We need to enable the poor to better their situation rather than give them freebies and creating a welfare society that impoverishes generations.
Sure, Carter did a great job! He will be remembered as one of the worst presidents - hostages held by Iran, failed rescue attempt, inflation, high interest rates.
They are providing marketing and retail support for Chrome books, etc. when the hardware manufacturers won't. Interesting. Any benefits will flow to their bottom lines. Downside is if the hardware sucks, the Google stores will have to deal with the flak. We'll see how well this works out.
Yes, GM was always in decline and Chrysler was truly screwed by Daimler in their merger. GM'ers will surely backslide if they perpetuate the belief that they were the victims of circumstance and not from deeds of their own doing.
Semantics! GM doesn't owe the US anything because we all know the government GAVE them billions, wiped out their debts and obligations. The government even made a profit bailing out the despicable AIG, but only losses for GM.
Congrats. This thing gets beat up a lot, opportunities to get back in later.
That's what they want, but they will get something different. There will just be more automation, less employment. Wages should go up if there is a labor shortage - something the US doesn't have. Arbitrary wage hikes for unskilled work just makes it more costly, and less of it will be used.
It's arbitrary wage inflation for unskilled work. Expect service to get worse in service industries. Unemployment will go up again with minimum wage hikes and Obamacare. People in retail I talk with are already getting their hours cut to 30. Funny thing is they don't know where it's coming from - Obamacare.