| Author | Message | ||
     Cmac Registered Member Username: Cmac Post Number: 451 Registered: 03-2004 |
Barron's reports the LCD market is softening pointing to results from AUO & LPL. http://blogs.barrons.com/techtraderdaily/2008/07/09/corning-lg-display-results-a dd-to-fears-on-lcd-market/ | ||
| Public_heel Moderator Username: Public_heel Post Number: 7733 Registered: 12-2003 |
That's a remarkably steady slide, and I can't even find news. Some really big holder (like FMR) trying to get out? | ||
| See2see Registered Member Username: See2see Post Number: 108 Registered: 10-2003 |
Ouch Ouch Ouch | ||
| See2see Registered Member Username: See2see Post Number: 103 Registered: 10-2003 |
I currently am short puts at both 22.5 and 25. I held off on selling the calls because the stock seemed too strong. I will sell June 30 calls once it hits 28.5 or so. If they get called away I will just sell the 30 puts and let somebody put the stock to me. Hopefully I will be selling some option each month. | ||
| Treesloth Registered Member Username: Treesloth Post Number: 2045 Registered: 07-2005 |
See2See, GLW has been very strong lately. What is the strike price on your covered calls, and how are you playing in now? | ||
| See2see Registered Member Username: See2see Post Number: 101 Registered: 10-2003 |
Selling June 25 puts on times of weakness. I expect that the premiums will fall after earnings are announced. The underlying stock is performing well now that the market is treading water. I will also sell the calls if the stock show too much strength too quickly. | ||
| See2see Registered Member Username: See2see Post Number: 100 Registered: 10-2003 |
Now selling April 22.5 puts | ||
| See2see Registered Member Username: See2see Post Number: 99 Registered: 10-2003 |
I sold 22.5 puts on GLW instead of selling more covered calls at 25, and have done OK so far, but I am wondering if I now should be buying them back to cover. Or now might be the time to sell the covered calls at 25. I'd like to see it just a little bit higher first. | ||
| See2see Registered Member Username: See2see Post Number: 96 Registered: 10-2003 |
It looks like another batch of covered calls that I sold will expire worthless. But the business looks very attractive now in an unattractive environment, so I may not keep selling them. But then everybody knows what the expectations are for the business and for the economy, so I guess maybe another round of covered calls would likely expire worthless, and if they do get called I can sell naked puts to let somebody sell them back to me, and do that monthly until they get put to me. | ||
| See2see Registered Member Username: See2see Post Number: 93 Registered: 10-2003 |
I have been selling calls on GLW each month that there is enough premium, thinking that they would get called away, but find myself still holding GLW as the price always seems to be below 25 at expiration. It is quite profitable to sell calls on every peak in GLW and either buy them back on the cheap or watch them expire worthless. But sooner or later GLW will make a quick jump into the 30's and I'll feel like a chump losing it for 25. | ||
| Killernut Registered Member Username: Killernut Post Number: 4973 Registered: 10-2003 |
see. I remember discussing AAPL in the teens. I never bought any. What a ride that woulda been. | ||
| See2see Registered Member Username: See2see Post Number: 85 Registered: 10-2003 |
At least I didn't short AAPL somewhere along the line. I kept saying there has to be a place to short AAPL. It can't keep going up like this. The sky is not limitless. But selling Steve Jobs short is apparently very dangerous. | ||
| See2see Registered Member Username: See2see Post Number: 84 Registered: 10-2003 |
Still holding GLW as it looks to be still growing, but the price has stagnated for 2 years. I sold AAPL to help buy the GLW. I bought 1000 AAPL at 14.06 and sold at 17.60 and congratulated myself for making a quick 3500 profit to use to buy more GLW. I had made good at first on GLW, but then AAPL took over, split two for one, and is now about 185. That quick 3500 profit cost me about 350000 in potential upside over the next 4 years!! Of course GLW probably doubled or tripled over that time, but it is hard to have bought the right thing at the right time, and then sabotage your success with greed. | ||
| Jfh Moderator Username: Jfh Post Number: 525 Registered: 10-2003 |
I sold my GLW shares a few months ago after a good profit, nearly 100 %, and bought more GE which is currently my largest position | ||
| See2see Registered Member Username: See2see Post Number: 58 Registered: 10-2003 |
Corning took a major hit over the past month. I think the underlying business is stable and still growing except for a flattening in the LCD glass segment which I think is temporary. Is it time to buy? Do you buy the stock or just buy options, and if options, what month and strike do you like? | ||
| Jfh Moderator Username: Jfh Post Number: 63 Registered: 10-2003 |
Dow Corning Second-Quarter Profit Surges More Than Fourfold As Sales Top $1 Billion MIDLAND, Mich. (AP) -- Dow Corning Corp., the joint venture between Dow Chemical Co., the nation's largest chemical company, and fiber-optic cable maker Corning Inc., said Friday that second-quarter profit rose more than fourfold as sales topped $1 billion. The company, a maker of silicon-based products such as adhesives, insulating materials and lubricants, said quarterly income grew to $154.3 million from $35.7 million a year ago. Revenue rose 18 percent to $1 billion from $851.9 million last year. Dow shares fell 7 cents to $48.36 and Corning shares fell 4 cents to $18.71 in morning trading on the New York Stock Exchange. | ||
| Jfh Moderator Username: Jfh Post Number: 51 Registered: 10-2003 |
4:49PM Corning beats by 2 cents, issues Q3 guidance (GLW) :Reports Q2 (Jun) earnings of $0.20 per share, excluding non-recurring items, $0.02 better than the Reuters Estimates consensus of $0.18; revenues rose 17.5% year/year to $1.14 bln vs the $1.11 bln consensus. Co issues upside guidance for Q3, sees EPS of 0.20-0.22 vs. $0.19 consensus; sees Q3 revs of 1.14-1.19 bln vs. 1.15 bln consensus. | ||
| 9 Unregistered guest |
I guess I was not the only one feeling good about the future at Corning. Usually after a quick rise of 20% I am thinking that most of the easy money is already made, but I don't think so here. Is $20 really in the cards? I am fairly sure of it but I don't trust myself on the when part of that equation. I could believe it by the next quarter but would also believe two years. I don't know if the public has forgotten the 99% drubbing that Corning handed to them a few years ago. see2see | ||
| Jfh Moderator Username: Jfh Post Number: 232 Registered: 10-2003 |
From TradingMarkets.com: "Corning (NYSE:GLW - News) may rally from a pullback. Long above 14.87." | ||
| Jfh Moderator Username: Jfh Post Number: 223 Registered: 10-2003 |
UPDATE 1-Corning backs 2nd-qtr sales, profit forecast Tue May 17, 2005 10:00 AM ET NEW YORK, May 17 (Reuters) - Corning Inc. (GLW.N: Quote, Profile, Research) , a maker of glass for computer screens, on Tuesday reiterated its profit and sales forecast for the second-quarter, and said it is cutting debt. The Corning, New York-based company said it remains "confident" it will achieve second-quarter sales of $1.08 billion to $1.13 billion and earnings of 17 cents to 19 cents a share, excluding special items http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?duid=mtfh98330_200 5-05-17_14-00-06_n17528187_newsml | ||
| Jfh Moderator Username: Jfh Post Number: 176 Registered: 10-2003 |
In April, Corning (nyse: GLW - news - people ) carved out a new three-year high this month on its way to posting a monthly gain of 23.5%. The specialty manufacturing firm on April 26 reported first-quarter income of 17 cents per share on sales of $1.05 billion. "We are extremely pleased with our overall results and we believe that we are well positioned to take advantage of continuing growth opportunities," Corning said in a statement. The company is banking on potential demand for its diesel engine filters, as regulators are expected to enforce more stringent emissions standards | ||
| Jfh Moderator Username: Jfh Post Number: 156 Registered: 10-2003 |
Corning (NYSE:GLW - News) shares rose 8% after the provider of specialty glass and ceramic materials reported first-quarter earnings rose to $249 million, or 17 cents a share from $55 million, or 4 cents a share, last year. Revenue was $1.05 billion vs. $844 million. It forecast second-quarter pro forma earnings of 17 to 19 cents a share on sales of $1.08 billion to $1.13 billion, ahead of Wall Street's current consensus estimate for a profit of 15 cents a share. | ||
| 9 Unregistered guest |
Debt upgraded. Add this to the better than expected earnings and th uplifted forecast and the stock has risen more than a dollar so far today. see2see | ||
| Jfh Moderator Username: Jfh Post Number: 150 Registered: 10-2003 |
Corning (nyse: GLW - news - people ) reported first-quarter results slightly above Wall Street estimates. The specialty manufacturing firm reported quarterly earnings of 17 cents per share on sales of $1.050 billion, compared with the consensus earnings forecast of 16 cents per share on sales of $1.047 billion. Shares were up 1.5% in after-hours trading. Merrill Lynch said earlier this month Corning will need to "fend off some increased competition at its largest telecom customers" in regard to fiber unit demand but anticipates a seasonal rise in demand. "We expect a seasonal lift in demand for Corning's telecommunications products combined with easing price pressure on LCD glass as customers bring on capacity," it said. Merrill Lynch has a "neutral' rating for Corning shares | ||
| Jfh Moderator Username: Jfh Post Number: 127 Registered: 10-2003 |
GLW is doing very well: "Corning sees 1st-qtr earnings above its forecast Mon Apr 18, 2005 08:16 AM ET CHICAGO, April 18 (Reuters) - Corning Inc. (GLW.N: Quote, Profile, Research) on Monday said it expects quarterly results to exceed its prior forecast, due to significantly stronger performance from Dow Corning Corp. and higher-than-expected demand for hardware and equipment products. Corning, the largest maker of fiber optic cable for telecoms, said it expects 2005 first-quarter sales to be in the range of $1.04 billion to $1.05 billion and earnings per share to be in the range of 16 cents to 17 cents before special items." | ||
| Jfh Moderator Username: Jfh Post Number: 82 Registered: 10-2003 |
Fri 8:25am GLW Coverage initiated on Corning by Lazard Freres - Briefing.com | ||
| See2see Registered Member Username: See2see Post Number: 36 Registered: 10-2003 |
Bought 50 calls today at the ten strike for March. Nice to see a well timed upgrade. About an hour or two. | ||
| Jfh Moderator Username: Jfh Post Number: 1661 Registered: 10-2003 |
Wed 2:00pm GLW Corning upgraded by UBS - Briefing.com | ||
| Jfh Moderator Username: Jfh Post Number: 1511 Registered: 10-2003 |
Dow Corning reports, pretty good, stock rises 2%, one of my good investments: http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?duid=mtfh59559_200 4-11-12_14-35-39_n1266783_newsml | ||
| See2see Registered Member Username: See2see Post Number: 26 Registered: 10-2003 |
Sold some of my GLW on Friday. Not sure if this is the right thing to do now but I wanted some cash on hand. | ||
| Jfh Moderator Username: Jfh Post Number: 1447 Registered: 10-2003 |
41am GLW Corning upgraded by Banc of America Sec - Briefing.com | ||
| Jfh Moderator Username: Jfh Post Number: 1389 Registered: 10-2003 |
Tue 9:15am GLW Corning upgraded by AmTech Research - Briefing.com | ||
| Jfh Moderator Username: Jfh Post Number: 1126 Registered: 10-2003 |
soso but, on the other hand.... http://www.forbes.com/technology/feeds/general/2004/07/30/generalcahners_2004_07 _30_eng-cahners_eng-cahners_105837_7422322178481770892.html?partner=yahoo&referr er= | ||
| Jfh Moderator Username: Jfh Post Number: 1124 Registered: 10-2003 |
GLW soso but it's still upgraded 22 times in a row: http://biz.yahoo.com/ap/040730/earns_dow_corning_1.html | ||
| Jfh Moderator Username: Jfh Post Number: 1041 Registered: 10-2003 |
GLW doing well, up after hours: http://biz.yahoo.com/rc/040719/markets_stocks_afterthebell_2.html | ||
| Jfh Moderator Username: Jfh Post Number: 930 Registered: 10-2003 |
Mon 10:50am GLW Coverage initiated on Corning by AmTech Research - Briefing.com | ||
| Jfh Moderator Username: Jfh Post Number: 724 Registered: 10-2003 |
"Mon 7:22am GLW Corning upgraded by Schwab Soundview - Briefing.com " | ||
| Jfh Moderator Username: Jfh Post Number: 709 Registered: 10-2003 |
more about GLW: http://yahoo.smartmoney.com/onedaywonder/index.cfm?story=20040423&afl=yahoo | ||
| Jfh Moderator Username: Jfh Post Number: 696 Registered: 10-2003 |
GLW even better, rises 13% before the market opens: "NEW YORK (Reuters) - Corning Inc. (NYSE:GLW - News) shares jumped before Friday's market open, a day after the company posted a profit and forecast stronger-than-expected results in its current quarter, driven by demand for its liquid crystal display panels used in laptops and desktop computers. ADVERTISEMENT Shares of Corning, the world's largest maker of fiber-optic cable, surged 12.6 percent to $11.55 on the INET electronic brokerage, up from their close of $10.25 on the New York Stock Exchange (News - Websites) ." | ||
| Jfh Moderator Username: Jfh Post Number: 693 Registered: 10-2003 |
GLW doing well too: http://biz.yahoo.com/rc/040422/tech_corning_earns_2.html | ||
| Jfh Moderator Username: Jfh Post Number: 650 Registered: 10-2003 |
good news for Corning ? http://www.forbes.com/markets/2004/04/19/0419automarketscan07.html?partner=yahoo &referrer= |
