John, Mike & Tom's <b>Wild World of Stocks</b> Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : John, Mike & Tom's Wild World of Stocks

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: wlheatmoon who wrote (2644)	1/7/2002 10:27:58 AM
From: John Pitera	Read Replies (1) of 2850

Hi Mike, I hope that you had a Happy New Year and pray that you, Brain and your families will have a healthy and Spiritually rewarding new year. don't know why i always look for these crazy plays. It must be your strong contrarian bent -g- but that's cool I have a bit of one too. I'd like to point out that your idea last spring of creating a yield/total return investment of buying F common and writing a Jan 2003 leap call could still work out. Even with Ford falling from 24 to 15 during August and Sept. It could still rebound to the 24 area. Additionally the opportunity to buy back the original leap at a big discount was there, and then you could either stay long F or write another at the money or out of the money call, pick up more call premium and also get some dividend yield. So there is a bit more flexibility than some might think. Take care, John

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next