Gorilla glass is a monster for Corning Inc., GLW
This is one of our positions we are pretty excited about. In spite of the horrible volatility and unrelenting negative headlines, life will go on and money can be made in the market. The technical set up for GLW is not great. I expect it to go down tomorrow but put this on your radar. Especially take notice of the 2013 Jan 12.5 calls. They can be purchased for under $3 which looks really cheap to me for in the money Leaps on a blue chip company. GLW debt was just upgraded by Moody’s to A3. They have $4.1 billion in net cash. … Read more