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.
Pastimes : The Naked Truth - Big Kahuna a Myth

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Cynic 2005 who wrote (47954)6/20/1999 10:28:00 AM
From: John Pitera  Read Replies (1) of 86076
 
Mohan, I know you have been bearish on G, but I believe I beat you to the G party as I bought June 55 puts on G for $1 on 3-19-99 -ng-

I did go ahead and add G June 55's --I think they were very reasonably
priced as I can see G going to 53 or even 49, even without a BK or anything
approaching it.


127.0.0.1:3456/SI/~wsapi/investor/reply-8420638

ironically, Mar 19th was a Friday and the special guest on Wall Street Week, repeatedly pounded the table on G. (kind of like the guest on WSW 2-3 weeks ago on LMT, which has warned twice since then!!)

I sold those when we went to 50-51, (and it was Mythman's idea to sell long puts for a bounce, which we got)thanks Myth.

and then bought some june 45's on May 4th, so that turned out to be a nail biter. although they only cost 5/16 at the ask back then!

We need to identify a few more stocks like G

I have a couple I am studying, but don't have all my work done, just yet.

tell us what's on your radar screen lately.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext