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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Mama Bear who wrote (10963)7/15/1999 3:05:00 PM
From: mod  Read Replies (1) of 18998
 
My July options expire tomorrow. I'll likely close them out late today or tomorrow. As long as SBTK stays above $20 for a day, I am right, under your definition. 100%+ profit in a month, not bad.

And the best part is, I did it despite the attacks of Pluvia/Pink/Barb/Kevin/Archer/etc. Just goes to show you, group think is no substitute for superior analytical capability in investing. And relying on Milberg Weiss as your investment advisor is not smart, Barb.

ps: if SBTK plummets tomorrow, change the above to "I sold today, no longer have a position". If SBTK soars Monday, read it as "I exercised the calls and am holding the stock".
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