Long holds are down to just a handful in the past couple years. Too easy milking AAPL, Ebay, QCOM, and BRCM for gains. Beats the hell out of buy and hold for the bottom line.
QCOM - what is going on here?
- Thread starter iceman1
- Start date
I can see QCOM hitting 45.
Quote from iceman1:
Uhhhh........... is this stock is a joke or what ?? What the F is going on here??! During the last bubble anyone recall what price QCOM hit?
And with markert making new high after new high>> QCOM is stinking it up. It's unbelievable.
M
The all time QCOM bubble high was achieved on the very 1st trading day of 2000. It made another huge gap opening/new high. I wanna say $800ish. But was quickly faded.
Dont forget, in the last 6 years or so, QCOM had two stock splits. A 4-1 and a 2-1
On a 60 minute intra day chart looks like there is a small gap down open near $40. Surprised it is not running with the other beta - AAPL, etc
Just stroke QCOM for 85 centavos a day. At least it is giving that up. Longer term....that thing is on it's ass.
Well -- someone just layed out a little more than $100K for 3000 Dec $35 QCOM put contracts. It was on the ask for .35, so clearly this is a new buy to open long position. Either a hedge or pure speculation of this stock price going lower very soon.
There is some action on the $40 calls, but remember they are really cheap and also, the bulk of the volume is small size orders.
There is some action on the $40 calls, but remember they are really cheap and also, the bulk of the volume is small size orders.
Means little, could be a hedge.
A few times on OIH, SMH, QQQQ, I have seen simultaneous prints of 1-2 million block buys of stock, and then 10-20k block buys of front months PUT options (a hedge) , then the ETF rockets up the next day.
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