Wednesday, January 19, 2005

some thoughts & actions on EBAY & FFIV

closed FFIV Jan 45 puts at 2 when stock is 44.5

The reason is that the premium is too high considering there's only 2 days to expire.

FFIV reported good earning after hour. stock rises to 47.4 after hour.

EBAY misses. stock gets 10 points dive after hour.

when last week EBAY raised fees, I should have put it. It shows that EBAY cannot find enough growth but has to squeeze profit out of poor sellers on its website.

From chart, EBAY form a roll over U head. expect down to 70 in 2 months.

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