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Wednesday, February 23, 2011

Want a golf course?

For a million dollars one can be yours! Thats $55K/hole!

iPad 2 coming March 2

There was a flurry of rumors yesterday that helped beat down Apple's stock. First, there was the National Enquirer reporting that Steve Jobs only has 6 months to live. Then there was some Asian hedgefund saying that the iPad 2 was delayed until September. Fortunately, they were wrong about the iPad 2 as Apple announced that it will be unveiled on March 2.

As for Steve Jobs, he just demolished his house to build a new one. So obviously he is planning on sticking around longer than 6 months.

Apple to $500!

Tuesday, February 22, 2011

HPQ Update

I wrote about HPQ previously here. It announced earnings today after the market closed. It's revenue came in under the analyst estimates and is down about 6% after hours. Tomorrow should be a good day to get in on a buy-write at an even better price!