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Non-Tech : The Critical Investing Workshop
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To: Percival 917 who wrote (10222)3/31/2000 10:02:00 PM
From: mrs goldberg  Read Replies (1) of 35685
 
No I bought Cree at $188 to see it rise to $193 within five minutes just before the close so I didn't get a chance to sell CC's. The next day from the open it fell very fast to $165, then I had no choice but to sell the June $165's just in order to break even at that point even though my money would tied up until June. Just as soon as I did that,this crap takes off to $200 and doesn't look like it's going to turn around. A couple of weeks later it drops back to $165 over the course of a couple of days so I jump in again and buy the CC's back so my money won't be stagnate until June. Now I'm thinking I'll roll out to a higher strike price once it starts up and from there it's been down hill since. SO YES YOU COULD SAY I'VE LOST A COUPLE OF HUNDRED THOUSAND ON THIS VENTURE, NOT WHAT I DIDN'T MAKE BUT WHAT I"M LOSING. But I still try to be humorous about the whole situation.

Thank God for QCOM!
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