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Vince
Jan 21, 2015 9:45 PM

INVN The Apple Play Long

Description

Motley Fool has been touting a company that will profit from the Apple watch and Ioe. This is the company INVN. This stock has a lawsuit due to not sharing with investors that Apple was working with them. This is a speculative play but could play out if indeed they have the skeleton in Apple products. The way to play it is either stock at around 15.00 per share or a Jan 16 LEAPS option at 3.10 per contract. The break-even would be 18.10 by Jan 16th...can it get there? Well if it is supplying the chips for the watch and iPhone 6 it may very well get there soon...the lawsuit will be something to watch.
Comments
A-shot
So far so good!
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