Feb. 10 at 9:10 PM
$SNDK is a stock that’s being priced at just 7 times next year’s earnings, while those earnings are growing at a rate that’s well over 100% per year. And that’s for the next several years. On the recent run up to
$700 I bought
$SNXX and sold Call options near the top. Now that SNDK and SNXX have pulled back, I’ve bought back and closed all of those Call options for a very nice profit. I’m now simply waiting for the next run up in the stock so I can sell Calls again. And based upon both that stock’s incredible projected earnings growth rate and that that single digit forward price multiple, I don’t think it’s going to take that long. This is a nice moneymaker.