PEP looking good! - But expect more.

I made my PEP call on 2/21/12 and it has been positive momentum ever since. Though gradual, PEP is moving in the direction I thought it would after hitting resistance on Tuesday. PEP is a better company than a few layoffs will make you think, and it seems to me to be a move towards operational efficiency more than a move towards lower performance expectations.

PEP is going right back to where it came from. IMHO there is still plenty of time to jump on PEP as this is a long term play with lots of room to run. The recent pull back was merely creating a great buying opportunity to get a quality stock for much less than its worth.

I am still holding my January 2014 options with a $75 strike price which has gone up 6.5% today as it has benefited from momentum on only a .14% uptick in stock price. Again you get rewarded or killed on momentum in the options game. I paid the price big time last week on bad momentum so I'm still down on my trade over all. But this is just the beginning for this stock.

Disclaimer:
Just to be clear, nothing that I'm posting on this blog is in any way advice that should be followed by anyone else. All investment decisions should be made carefully by all individuals taking into account their own financial situation and appropriate levels of risk. Do not take anything I say for anything more than it is, opinion, speculation, and woefully undereducated guesses as to how I think a few stocks are going to perform.