Dec 30, 2009 (SmarTrend(R) Spotlight via COMTEX) ----SmarTrend identified an Uptrend for Rambus (NASDAQ:RMBS) on November 12, 2009 at $18.34. In approximately 2 months, Rambus has returned 33.4% as of today's recent price of $24.46.
Rambus is currently above its 50-day moving average of $19.40 and above its 200-day moving average of $15.93. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Rambus shares.
According to the
Briefing.com rumor mongering financial news site, software giant Oracle - not even finished with its $7.4bn acquisition of Sun Microsystems - is sniffing around middleware and virtualization maker Citrix Systems and may be interested in acquiring the company.In the
same report, you'll find that
Briefing.com is also hearing chatter about someone wanting to acquire Rambus, with HP being mentioned as the possible buyer of that memory company.
-----Original Message-----
From: John Hudgens <jdhudgens2000@ yahoo.com>
To: ConservativeOptionS trategies@ yahoogroups. com
Sent: Wed, Dec 30, 2009 11:00 am
Subject: [ConservativeOption Strategies] rmbs
Does anyone know why RMBS options are so rich?? you can buy it for $23.40 sell the Jan 19 for $5.50 (bid) and still make 4.7% What is wrong with this picture?? John |
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