What A Ride With DNDN

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December 13, 2007

The Jan 7.5′s I got in for .32 @ 2:54 est then it ran as high as .51 or 59% in a matter of minutes. I was selling the whole way up trying to minimize my at risk $. I made two sales at .43 and .41 so roughly a gain of 31% inside of 1 hour. That was some Fast Money.

I’m holding on to all of my Feb 7.5 calls and half the Jan 7.5 calls.

It looks like by the volume and the idea that a congressional investigation could possibly happen will send this stock much higher into the ridiculous profit zone and the reason I hung on to such a large chunk.




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  • romaitas

    GTOP also looks like a good follow up to dndn and may feel the effects of the congressional hearing with a pIII release coming in a couple weeks.

    cheers

  • romaitas

    GTOP also looks like a good follow up to dndn and may feel the effects of the congressional hearing with a pIII release coming in a couple weeks.

    cheers