MFLX ==> The Exelauno Day Winner

[lemonjello]

Did you go long on the stock or go for the calls?

Long stock with covered calls for some downside protection. The available calls didn't give a spread trade I liked.

I'll probably pick up some more stock or in the money calls if it pulls back. The general market looks wobbly here.

Good luck to all.

[Adman]

Long stock with covered calls for some downside protection. The available calls didn't give a spread trade I liked.

I'll probably pick up some more stock or in the money calls if it pulls back. The general market looks wobbly here.

Good luck to all.

Wobbly could be an understatement.

[spikefader]

A TA entry would be wonderful to scoop up more!!! Thanks!

You bet. Here ya go. Chart is here. I also see an intraday 'c' completion 59.82.

http://spikefader.wordpress.com/2006/03/09/mflx/

[spikefader]

OK, I'm long at 59.90.

I'll give it 3% risk.

Sound of the day for MFLX

[spikefader]

OK, I'm long at 59.90.

I'll give it 3% risk.

Sound of the day for MFLX

click

[Adman]

Ernie-I was in Multi-Fineline on 12/20 at 37 and some change and sold 1/31 at 54.02.
I almost went back in at 51 on 2/23, but thought there would be more of a pullback coming.
Yes it is hovering around 60, and I do believe it will cover your 69.67 mark, but not by 4/14 as you hope. I do believe you will see it break through 70, (barring any radical geo-political shenanigans) in late June, towards the end of the quarter. I am looking for a bit of a pullback, say around 55.75-55.90, then pick up more. Think about adding 50% to your position at that time.
It has risen steady over the past 7 1/2 months, and I still believe you will see a short term leveling followed by a pullback before you will see a 15% pick up.
Today, at 60, you're in, and if I'm am missing the mark on this, you're also golden!

She's coming my way. I still stand by my 55.90 as an entry point. I will be watching closely, and may up that to 56.20, as it has started a big pullback. Right now, it's at 57.83, down over a buck in the past few minutes.

[DSteckler]

Support at the 20-day EMA, around 55.50. That also corresponds to the 38.2% Fib. retracement level. If that fails to hold there's stronger support at the 50DMA, around 51.15.

[Rob]

Waitin' on 55

If it hits 55, I'm in.

[Rob]

I'm In

I'm in at 54.94. I will sell at 64.82 for about an 18% return.

When you see the green light flash

That's when Rob is makin' cash

[lemonjello]

Weebles

Probably pick up some more here.

Wobbly could be an understatement.

[Rob]

I Hate Them Scurvy Dawgs

Them scurvy dawgs aren't wasting any time at all tryin' to steal my shares!

[bknight]

Couldn't view the video

For lazy readers (that's me) hehe

Jennifer the robot reading MM's writeup

Hey I couldn't view the video, what is the latest codex you're using?

I didn't have any funds until today and I got in at 54.15, I sure hope this one works as the others have worked out for me.

[New-born baby]

One way to play it now

MFLX--in my opinion--is going to drop to $50 before she bounces. You could sell the $50 put--ie. which would put you in a place to buy MFLX at $50 minus the put price--and prepare to ride it higher from there. Today was a major breakdown in the stock. While you are at it you could also sell the APR $60 calls on this one. Why not take the $3.25 per share they want to give you? If you get the stock this way at $46.75 and sell it at $60, would you cry? That's 28.3% . . . . even if MM has a loser here at $60. And if you are really greedy, sell the $3 MAY $60 calls for even more profit.

I think this is a great opportunity.

On second thought, probably the best play is to wait to sell the put. She's going to drop more. That APR put ought to go to $3. Just sell the APR $60 call for $3 now and give MFLX a few days to really exaughst the sellers. They are not yet done, IMHO.

I like these rich option chains


These options are very safe.
[img][/img]

[spikefader]

Hey I couldn't view the video, what is the latest codex you're using?

I didn't have any funds until today and I got in at 54.15, I sure hope this one works as the others have worked out for me.

It's just an .mp3 sound file. Maybe you need to install Quicktime so it'll play inside your browser?? When I click the link, quicktime opens and plays it.

I'm trying to upload a zip of a .wav file for ya, but having some issues.

[mrmarket]

Big after hours move..up 5.6% ..can you trust it?