Best Buy is going down hard. Hardly any spontaneous buying at their stores. People come in for "less than cost" and a few specific items. I'd buy JAN 25 puts and collect when the stock goes down to $17 right after New Year's.
GS is going to nosedive, eventually (again). The US Treasury does not have enough money to buy all of the toxic mortgages.
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Best Buy is going down hard. Hardly any spontaneous buying at their stores. People come in for "less than cost" and a few specific items. I'd buy JAN 25 puts and collect when the stock goes down to $17 right after New Year's.
Dec 16 18:02 pm
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All Comments by Trinitymaster »Tuesday Options Update: BBY, GS, POT, MOS, AAPL [View article]
GS is going to nosedive, eventually (again). The US Treasury does not have enough money to buy all of the toxic mortgages.
Buy PUTS at rock-bottom prices, and wait.