Thursday, May 27, 2010

16 Limit on AAPL Calls

I have lowered my limit to 16 from AAPL.  My plan is to get out and then pick up the 12 LEAPS as the IPAD goes on sale internationally tomorrwo and APPLE is ramping up production to meet demand.  This along with the Company is no valued greater than Microsoft and has no where to go but up as they are gaining ground everyday.  When the IPhone moves to Verizon bottom line numbers should rise significantly.

Targets prices range from 300-400.  Wide range so I'll be looking at upper 200 12 Leaps...

Happy Trading...

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