1999 Year in Review--Talk about your trades Message Board

STOCKTALK

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.

Strategies & Market Trends : 1999 Year in Review--Talk about your trades

Public Reply Prvt Reply Mark as Last Read File

Previous 10 PreviousNext

To: HeyRainier who wrote (6)	12/26/1999 12:49:00 PM
From: Lee Lichterman III	of 7

I fully agree with your point. I know I sold CSCO April calls bought for about 5 bucks now worth 46 and almost used that here as an example but I sold mine based on FA of their last earnings release as I saw smoke and mirrors being employed to make earnings look good and thought that the street would catch on. I forgot my favorite saying, "never underestimate the stupidity of the American public" and it soared upward. None of the analysts ever noticed that revenue dropped despite higher earnings. Still, since I trade on TA more than FA, I should have held it with a tight stop loss instead of missing out on the 900% gain. Good Luck, Lee

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 PreviousNext