VOLTAIRE'S PORCH-MODERATED 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 : VOLTAIRE'S PORCH-MODERATED

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jill who wrote (5836)	10/5/2000 10:40:23 AM
From: im a survivor	Read Replies (3) of 65232

To All : I have 1/2 my position in RMBS covered with Oct 90's. My plan was to "stick to the plan", and not worry about it until expiry. Well, I dont want my rmbs called away should it run, and I dont want to have to roll upwards into another CC to get out of this one. In looking at our current time frame....2 1/2 weeks til expiry......October.....earnings coming I think before expiry....and etc, etc.......Do I go ahead and just buy the damn things back now.....buy them back on a dip within the next couple days....or just sit and wait it out. The BUS is now $5 under the $90 strike. Part of me thinks we will hit resistance at $90 and regardless, I can buy them back cheaper closer to expiration. The other part of me see's rmbs running and me being stuck with having to buy the damn thngs back for a bundle. Any opinions ?? The bottom line is I do not want to lose these RMBS shares. Will I have an opportunity to buy them back on a rmbs dip, or do I buy them back now ??? Keith@questionsbutnoanswers.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next