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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: JohnM who wrote (764)5/23/2001 9:31:50 PM
From: BDR   of 5205
 
<<I don't know what his arguments are.>>

I think his argument is that you might make money if you buy his book/seminar/tape but he will make money if you do.

I assume WCFC is the corporate shell under which he operates. Anyone know?

coveredcall.com
To summarize:
1.)WCFC lost 2 million dollars trading securities in 2000;a return of -89%
2.)WCFC has assets of 8 million and liabilities of 9.4 million
3.)WCFC(WADE)closed today at 10 cents a share;it was once 6 dollars
The only money this company has ever made has been from seminars,books and home-study courses...and
Wade has pocketed plenty of it-28 million since '96.Do you really want to spend your hard-earned money on this guy's company?
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