<<Yes, the question with RMBS in my opinion is not IF but when. It does not matter to me anyway. I never play all the games in the casino.>>
Thanks Tom....I think I am going to try and cover with Oct $90's...at least I will get a few bucks, and for those shares, $90 was cost, so I guess I'd rather take a little less in premium and have a little more play to the upside. This way, if rmbs does move with a $90 strike, I will be in better position to roll up, then with the $80's...and if it goes down....well, at least I will have gotten some premium...I think the oct 90's were fetching between $6 and $7.....
anyway...thanks for your thoughts....I notice you havent jumped on the ssti bandwagon....is it because I am on the train<ggg>...too scared to buy anything keith does, huh? Well, I tell ya...she sure does look good right now. Looks like it has great upside potential over the next year...hopes so anyway. In fact, right now it comprises a small/medium percent of my portfolio. But in looking at it, and my portfolio, I can see how maybe in one year, it is my largest holding....just based on number of shares and upside potential. I remember when Dell comprised about 15%...without touching it, she ended up being like 70%. Same with AOL. Same with qcom also, but unlike the others, qcom came back and bit me on the ass, cause I was not smart enough to take profits. Anyway...take a gander at ssti, you may like what you see.
have a great weekend...I believe you mentioned flying out west......fly safely and have a great time.
keith@hopingfridayisasgoodasthursdaysohecangetcoveredandgetafew$'smore.com |