Wednesday, July 29, 2009

HIG and FLS on deck

I think HIG will report some extra-ordinary gains, and I like FLS, though people are sweating the business going forward. I don't buy it. Shorting the FLS Aug 70 puts, is the chicken play on earnings for Flowserve.


Anonymous said...

Yep, that's why I shorted the Aug. 75 PUTS instead.

Palmoni said...

Good call!