Jon, Right you are - to me, TTWO is like that seductive ***** that Dylan once sang about, "You're so kind, and careful......and she takes your voice, and leaves you howling at the moon." The fundamentals analysis of TTWO always looks like a slam-dunk deal - Somewhere in here we'll celebrate the 10th anniversary of TTWO having the best game content of any vg company by far. So how can they not be a huge winner? To me, it's like a producing a very fine wine in the final stage, when it is strained through a fine-mesh sieve to produce a vintage of premium clarity and purity. The problem being, that sieve is Zelnick and company's pockets, and what you get are the dregs left in the sieve, never the sweet wine.

That said, if it did go below 18, I might be tempted also - but the last time I did that, after a slide I got out with a minimal profit, before it actually did take off into the 20's. I'd be much happier having bought more ALU @$4, or $4.40, or any price above the paltry stake I have at $3.70. I'm kicking myself for missing the boat. I thought $3.70was a bit pricey, given that it had been sub-$3 a short time ago. $4.90 seems to me to have the NOK deal baked in at this point, so I have to pass - hope it'll back down some.

Moral of the story: Thank lt cap for his grand DD wisdom sharing, and the Oracle (not the stock, the man)  is your friend - like the trend, don't buck it.

OTOH, I'm holding about $20k in CIEN - tried Jon's option play once too often - kept the premium, but CIEN dropped by more than that amt. I assume today it's flying above 21 in sympathy with ALU. Interesting that the rich call returns that Jon pointed out have pretty much disappeared. For whatever reason that unreasonable premium i s gone.