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ADDITIONAL JUNE RECOMMENDATIONS

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We are adding three (3) positions to our JUNE RECOMMENDED LIST


We are recommending put writes on the following issues:

IDCC - InterDigital Communications Corporation engages in the design, development, and licensing of digital wireless technologies to semiconductor companies, handset manufacturers, and other equipment producers. Its solutions primarily include time division multiple access and code division multiple access technologies, as well as multiple generational standards and wireless standards.

IIG - iMergent, Inc., an e-services company, offers e-commerce technology, training, and various Web-based technologies and resources in the United States and internationally. It offers the StoresOnline Software, a Web-based software product that enables customers to develop Internet Web sites for commerce.

SUF - SulphCo, Inc. engages in the development and commercialization of technology for the upgrading of crude oil and petroleum products. Its Sonocracking process is based upon the use of ultrasonics that includes the application of energy and frequency sound waves, which alters the molecular structure of the crude oil; reduces the weight percentage of sulfur; and reduces the parts per million of nitrogen in the chemical composition of crude oil.

We are recommending the following specific put writes:


IDCC 26.32
SELL IDCC JUN SYM: DAQ-RX
Target Price $35.00 22.5 Put
Potential Profit(10 x = $350.00

Initial Margin $5,614 10 (contracts)
Return on Investment 6.23%
Cost Basis in Stock = $22.15
Days to Expiration =
Stock goes on Watch List Price at: $24.50
STOP EXIT STRATEGY
Close option position if Stock CLOSES less than $22.50

IIG $13.70
SELL IIG JUN SYM: IIG-RV
Target Price $30.00 12.5 Put
Potential Profit(10 x = $300.00

Initial Margin $3,040 10 (contracts)
Return on Investment 9.87%
Cost Basis in Stock = $12.20
Days to Expiration =
Stock goes on Watch List Price at: $13.00
STOP EXIT STRATEGY
Close option position if Stock CLOSES less than $12.50


SUF 8.95
SELL SUF JUN SYM: SUF-RU
Target Price $35.00 7.5 Put
Potential Profit(10 x = $350.00
Initial Margin $2,140 10 (contracts)
Return on Investment 16.36%
Cost Basis in Stock = $7.15
Days to Expiration =
Stock goes on Watch List Price at: $8.00
STOP EXIT STRATEGY
Close option position if Stock closes less than => $7.50

This will bring our JUNE Recommended list to ten (10) positions

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