4 ms·
SYMC is at an all time high, and every one of their EV certificate customers is about to start talking to different security vendors. The Jan18, Jan19 near ATM
by unabridged 10y ago
SYMC is at an all time high, and every one of their EV certificate customers is about to start talking to different security vendors. The Jan18, Jan19 near ATM puts are quite reasonably priced.
- phonon 10y agoCrazy! A third of SYMC's revenue might be going POOF! and the market is just shrugging?
- beedogs 10y agoThey'll all be caught by surprise and lose their shirts when Symantec releases their financials next quarter and the stock tanks. The market is full of ignorant people.
- NickNameNick 10y agoJust remember that the market can afford to be wrong longer than you can afford to bet against it.
- unabridged 10y agoUsually I agree, but SYMC is at an all time high and trading at 40x price per earnings. The price already implies a massive bet on increased profits, but there is no way that is going to happen.