RhinoOptions (< 20)

Are You Guys Playin' Games With Me???

September 25, 2009 – Comments (0) | RELATED TICKERS: NTES , PWRD , SOHU

 Last week I saw an old friend... She hadn't called in a while... In fact I had almost forgotten about her... But then out of nowhere she appeared... Beautiful Chinese girl... Likes to play on-line games... I can't blame her... Her name is Shanda... Her sign is SNDA... And tomorrow she is going to go straight up to the top of the mountain... And if I do not see her because she has gone too high, well that's ok... I'm all about the options... Last week I noticed that Shanda Interactive had released news about a new IPO it was bringing out under the symbol, GAME... As an options player, I knew that this news carried with it the potential to move Shanda up to a new 52 week high, breaking through $65... So I jumped on the opportunity to make some quik cash... So far so good... Up 100% already... Tomorrow, GAME will be introduced to the world... This IPO is suppose to be the biggest of the year raising 1 billion for Shanda... I have noticed that there are some stocks making so-called "sympathy" moves along with Shanda... They are the other Chinese stocks - NTES, PWRD, SOHU... I'm not expecting Shanda to pull a GMCR and blow up +$20 in a day, but a nice $5-8 move wouldn't hurt... LOL!!! Like stocks ever listen... Well FOOL's let us see tomorrow what happens with this old friend of mine... And as always Rumble on RHINO style....