SNDK Get Reiterated A Buy, AMTD Popping, CSCO Near 30

Home / Nasdaq / SNDK Get Reiterated A Buy, AMTD Popping, CSCO Near 30
November 13, 2007

Looks like my SNDK purchase yesterday might pop today.

Citi Investment Research reiterated “Buy” ratings on industry leader Intel Corp., Germany’s Infineon Technologies AG, communications chip maker Broadcom Corp. and flash memory maker SanDisk Corp., among others.

http://biz.yahoo.com/ap/071112/semiconductors_sector_snap.html?.v=1

I’m going to need more than the 1.73% pre-market bounce though.

AMTD is popping 5.6% pre-market and the ask is at 20.5. My options calculator is saying if 20.5 is hit today that will be an 87% return on my AMTD calls purchased yesterday.

CSCO is at 29.51 in the pre. If it gets to 30 my CSCO calls purchased yesterday will be in the money.

It could be a good day for all 3 of these trades. Now I need to be a big day for the QQQQ calls to be up.




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