SI
SI
discoversearch

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.
Non-Tech : The Critical Investing Workshop

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Voltaire who wrote (7252)3/13/2000 6:11:00 PM
From: uel_Dave   of 35685
 
Voltaire, Thanks for sharing with us the Margin Call Story with the Broker. By selecting ELON, you assume that it will continue to move in the positive direction (i.e > $90 ) by April and you will not buy back the calls. What other stocks would pay the same premium as ELON? For example, would you continue using ELON as your vehicle or use another such as CREE or JDSU? I am looking at doing the same as you have stated for NT in my tax shelter account. As you are aware, I have already received the premium from the CCs on QCOM and I will buy another volatile stock. The premium from NT is only 9% over the next month, unlike your 17% from ELON. Since I already have enough NT in my account, I do not mind if it is taken away. Also, with NT it can count as CDN content in my tax shelter account. I am looking at others such as RIMM, JDSU and a few more that may have a higher premium. Also you have stated that you will realize approx. 1/3 in appreciation in your equity during the stock rise; I assume this is both for QCOM and ELON?

Thanks again, I appreciate your feedback,

David
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext