That is a five day chart that looks more like a five month chart…
It’s a flattish opening, but we’ve got some more fireworks going off already this morning. Sandisk is up another 4% to start the day…what a ride we’ve had in that one in the last week:
That is a five day chart that looks more like a five month chart. As I’d mentioned yesterday, Sandisk is one of my biggest positions and I’m holding it steady for now, with a good bit of call options in the name that I’ve scaled into at various points in the last couple months.
Marvell and Cisco are both up a little bit too today. Mostly flat in the rest of the portfolio.
On another note entirely, I have the honor of being on the Finance Committee of the University of New Mexico Alumni Board and we’ve got meetings today in Albuquerque. So while I will be posting, trading and writing here today, it might be a bit sporadic.