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Thursday, October 28, 2010

CoinStar

CSTR is one of those stocks that I like.  Management seems to know what they are doing and they have some high profit businesses (coinstar machines and RedBox dvd rentals).  Earnings are coming out after close today.  Options are pretty expensive - so I decided to play the long side only (risky) - Dec 46 calls for about 3.80 each. and opened a long position in stock at 46.22
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