Robert,
I appreciate your thoughts. And don't think you've gotten rid of me so easily. I've put too much research effort into S1 to not play it. At the same time, I've had a great run with it from the Edify days (which is how I got in), and don't feel bad about booking some profits. I feel the risk just got greater, so I'm looking to play it in safer ways than holding the shares for a while.
As long as there are fat option premiums and a story, I'll be around. I'll just be selling puts. If I see what looks like a major bottom, I might sell 'em deep enough in the money to be put the stock, et voila, you can call me "fellow shareholder" again. And if it takes off without me, you can say "I told you so," and I'll be the first to congratulate you.
I'm hoping this patent business clarifies soon, so that that day comes quickly. Since I'm one of the few who discloses, if not the # of securities involved, the moves I make, you'll be hearing about my put sales. Just a habit. Unless folks would prefer I kept quiet. At the moment, I intend to sell a few puts at 95, a few more at 90.
Best of Luck to All. If I find more that's good, I'll post that, too.
Cheers, Tuck |
