What do you all think about $QCOM?

Dropped like a rock after $AAPL released the news about the lawsuit. Lowest point of the month was around $52.50, and it been steadily climbing back up ever since. Has closed green this entire week, with an 8% increase since last Friday. Anybody buy the dip, and do you think it'll keep climbing and maybe gap up to the 60s?

I have some June 16th $55 strike calls, they are sitting around ~$3.80 today. So, what are your thoughts?

Posted Feb 16, 2017, 11:13 PM UTC

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