MFLX ==> The Exelauno Day Winner

[New-born baby]

I don't think so

Big after hours move..up 5.6% ..can you trust it?

I don't think so because I just went into my IB account and found that although the price did jump up to $57.48 (from $54.44), the ask and bid were still in the $54 range. I could be very wrong. But the last price was more than $2 than the closing ask.

[lemonjello]

Big after hours move..up 5.6% ..can you trust it?

Trades after that were at 54.13 so probably an outlier. If it doesn't stop sliding here have to agree with previous poster - looks like the next stop on downside could be ~50.

I picked up more today anyway.

Big volume down, no news -> probably computer program trading.

Good luck everyone.

[mrmarket]

These down moves make me laugh. Only makes it more fun when I hit my target.

[New-born baby]

The way to play it

MFLX--in my opinion--is going to drop to $50 before she bounces. You could sell the $50 put--ie. which would put you in a place to buy MFLX at $50 minus the put price--and prepare to ride it higher from there. Today was a major breakdown in the stock. While you are at it you could also sell the APR $60 calls on this one. Why not take the $3.25 per share they want to give you? If you get the stock this way at $46.75 and sell it at $60, would you cry? That's 28.3% . . . . even if MM has a loser here at $60. And if you are really greedy, sell the $3 MAY $60 calls for even more profit.

I think this is a great opportunity.

On second thought, probably the best play is to wait to sell the put. She's going to drop more. That APR put ought to go to $3. Just sell the APR $60 call for $3 now and give MFLX a few days to really exaughst the sellers. They are not yet done, IMHO.

I like these rich option chains


These options are very safe.

I have been doing a lot of research. I still think this is a good plan.

[mrmarket]

Market Scan
M-Flex Poised To Benefit From Motorola's Strength
03.07.06, 3:03 PM ET


Multi-Fineline Electronix, a supplier of electronics components to wireless companies, appears well-positioned to ride the coattails of Motorola, according to Morgan Stanley.

The research firm said M-Flex's pricing and market share with Motorola have stabilized so that the company should begin to benefit from Motorola's high-end momentum in the second quarter of calendar 2006.

Morgan Stanley reiterated an "overweight" rating on M-Flex and raised the target price to $68 from $50. It raised the calendar 2006 and 2007 earnings-per-shares estimates to $2.43 and $3.14, respectively, from $2.32 and $3.01.

The new $68 target price on M-Flex shares implies 15% upside to current levels, according to Morgan Stanley.

However, the research firm cited the potential for a better entry point near-term as it becomes clear that M-Flex hasn't won Nokia orders.

"Our channel checks suggest the company has not received any Nokia orders, and is not even qualified as a Nokia flex supplier," Morgan analyst Aaron Husock wrote.

[Rob]

Mflx

Price charts graph the last sale prices of the company's stock over time, and of course these are subject to Wall St.'s "fickleness." Here are a couple charts that show what the comapny has actually been reporting.

[bknight]

It's just an .mp3 sound file. Maybe you need to install Quicktime so it'll play inside your browser?? When I click the link, quicktime opens and plays it.

I'm trying to upload a zip of a .wav file for ya, but having some issues.

Yes, I got the audio, the file name suggested a video to me, sorry.

[lemonjello]

That's some serious research.

I have been doing a lot of research. I still think this is a good plan.

[substantial loss]

Razr glitch causes sales halt
Some units may cut off phone calls

By Mike Hughlett
Tribune staff reporter
Published March 10, 2006


Two big U.S. wireless phone companies this week temporarily stopped selling the Razr--one of Motorola Inc.'s hottest selling phones--because of a defect that causes calls to disconnect.

A Motorola spokesman said the problem affects a relatively small number of phones and is being fixed quickly. But Cingular Wireless and T-Mobile halted Razr sales to ensure that customers didn't get stuck with a bum phone.

"It's virtually impossible to identify at retail which units have the defective component," said Peter Dobrow, a T-Mobile spokesman.

T-Mobile stopped selling the Razr--a sleek device that has helped redefine cell phone design--late Wednesday after Schaumburg-based Motorola told it about the problem.

Cingular, one of the nation's two largest wireless carriers, pulled the Razr from store shelves Thursday as a precaution, said Jennifer Bowcock, a Cingular spokeswoman.

Such sales suspensions "don't happen that often and especially not with such a hot product like the Razr," said Roger Entner, a wireless industry analyst at market researcher Ovum.

The Razr is a "flip-phone," with two pieces held together with a hinge. Normally when the phone is flipped open, the call is connected. When it's shut, the call is disconnected.

In the problem Razrs, a component was misreading the phone as closed when it was flipped open, cutting off calls.

Alan Buddendeck, a Motorola spokesman, said the problem affects a "a very limited number" of phones shipped to U.S. wireless operators after Feb. 1. He declined to specify the number of phones. "It will be resolved in a matter of days at worst," he said.

Customers who purchased Razrs with the flip problem can exchange them through T-Mobile and Cingular, said Buddendeck, who added that no Razrs are being recalled.

Motorola has already solved the issue at the manufacturing level, Buddendeck said. He declined to say where the problem phones were manufactured. Most Motorola phones are made in Asia.

The glitch does not affect Razrs sold through Verizon Wireless, because Verizon uses a different wireless technology than Cingular and T-Mobile.

The main issue for Motorola, Cingular and T-Mobile is to identify which phones in inventory need to be returned. Dobrow said T-Mobile expects to resume sales as early as next week.

Bowcock said Cingular customers can still order the Razr online, though they will have to wait for the phone to be restocked. Currently, the company's Web site says the Razr is "temporarily out of stock."

Bowcock said she wasn't sure when the Razr would be back in Cingular stores.

Mobile phones rarely post strong sales for more than a year, but the Razr, which first went on sale at Cingular in November 2004, continues to be a huge hit.

In 2005's fourth quarter, 29 percent of the 44.7 million phones Motorola shipped globally were based on Razr's thin platform, and most of those were Razrs.



Story I read in the Chicago Tribune

http://www.chicagotribune.com/business/chi-0603100208mar10,1,6363568.story

[mrmarket]

Motorola will get this licked. This story will get rid of the weak sellers, who needs em anyway..friggin cowards.

[sisterwin2]

Motorola will get this licked. This story will get rid of the weak sellers, who needs em anyway..friggin cowards.

LOL.... you stand by it MM....

[New-born baby]

I really like this one

Motorola will get this licked. This story will get rid of the weak sellers, who needs em anyway..friggin cowards.

Just reread your write-up. I really, really like Friday's action on MFLX. The more I think about this stock, the more potential I see, and the more I like my plan. I agree with Mr. Market: this baby has real potential to skyrocket. An entry at $50 ($46.75 actually), and a sell at $70, makes a nice 50% winner! And if MM is right, and MFLX can run to $85+, we are talking close to a 90%er! And a 90%er that's not on some penny stock!

Here's MM getting his check in the mail:


Here's those weak sister sellers:

[New-born baby]

Calling all gamblers!

I cannot figure out why anyone would want to go to a casino when MFLX has such a great option chain. Is MM REALLY convinced MFLX is a winnah in 4-6 weeks? Well then why not sell the $60 APR put for $6.90? IF MFLX is going to be $69 or so in 4-6 weeks, selling this put would be pure gravy.

Anyone feel like gambling?

My view: MFLX needs to touch the $50 mark first. If you sell the $60 APR put I'd buy the $55 MAY put to cover myself . . . .

[DSteckler]

<< I really, really like Friday's action on MFLX. >>

You must be a short seller then, NB, because Friday's action was atrocious. The close below the 20-day EMA on more than 2X ADV suggests the next stop before a decent shot at a bottom is the 50DMA.

[Runner]

This simple chart with a few lines suggests this stock might be at double support. Remember once resistance is broken it should become support. Bullish at least for now!!