Home > News > Options Trader: Long Term Picks
November 19th, 2006
Options Trader: Long Term Picks
Abstract:
On August 29th I said: "Harris & Harris Group Inc. (TINY) is a nanotech fund which should break out in a good market. My favorite holdings of theirs are Chlorogen, D-Wave, Nanomix and Nextreme, who just got CIA funding. I like owning the stock outright at $9.56 as this is a long-term play. You can sell the Oct 10s for .40 if you are a conservative investor or buy the March $10s for $1.15 (also can sell Oct against)." Those March $10s are waaay in the money at $4.90 (up 326%).
Source:
seekingalpha.com
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