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Author Topic: INFA  (Read 1248 times)

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Seer58

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INFA
« on: July 09, 2012, 10:25:29 AM »
rating downgrade, they have downgraded their earnings due to slow euro sales...I picked up 7 Aug 25 puts this morning at .35 each...I'm looking for this thing to tank more... 8)

Offline wood

  • Sr. Member
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  • Posts: 356
Re: INFA
« Reply #1 on: July 11, 2012, 01:40:10 AM »
looks like you may be right , tanking, lol, down 1.42 today on your way ,

Seer58

  • Guest
Re: INFA
« Reply #2 on: July 11, 2012, 08:38:18 AM »
I ended up with the july 30's @ .65...sold them yesterday for 1.00...in pre market this morning the pps is up...watch for those july 30's to go back down to .65 range, if the pps gets back up to the 31 area..buy around .65, sell anywhere over .95..the last 2 days it has traded with that spread...today it wont...pps should see some support today..