ASND and the three BEARS...
Once upon a time there were three BEARS. Daddy bear, Mommy bear and Baby bear. Daddy bear said to Mommy bear, " I think it's time to short ASND big time like the LONGS have never seen before! Gee, I think I will buy some "puts, QQARL" oh maybe a few, lets say 400 or so contracts will do. Mommy bear said, " honey buy me some too. How about 200 contracts."
Baby bear said, " Mom and Dad, I think I'll by some "CALLS,QQALK" before you get done screwing everyone, they should be real cheap. I think 300 will do and how about 200 "QQAGN's too for good measure.
Daddy bear said, "Okay family, it's time to SHORT. Start selling short 1,000 share every 5 minutes and mix up the order and make sure the orders come from all over the nation." Mommy bear said, "Oh my! this works! the stock has dropped 3 points!" Baby Bear said," I want in this action too!!!!! I will short 5,000 at a time and throw in a couple of 10,000's for good measure. Daddy look, the stock went down another 5 points! Now 10, now 15, now 21 points. Baby bear said," Listen parents, " I'm rich! look at all the people selling now. Volume is now at 4 million shares and climbing. Our stock is now down 22 points, I think it's time to cover!
Wait baby bear. You are not done yet. You need to buy some more calls, QQALK's. They are now down 50% and no buyers in sight. Listen pops, I have a better idea, : I think I will exercise my puts and make all those poor sucks buy some stock they DON'T HAVE! So, start covering and go LONG TOO! I will exercise and start buying more calls and stock. Wow, it works! Our calls are up 20%! Now 25%, Now 30%! Man, look at the stock fly! I think it has wings! It's up 3 points! Now 4, now 5, now 10, now 20. I think it is time to go to Hawaii. I think we should cash out of everything now. We are up 1,000,000 bucks!
Baby bear said, " I am tired of playing a BEAR it isn't Halloween yet, I want to be to myself again. A BULL!
Moral of this story:
Things are never what they appear to be. |
