<<. So, if it turns against you, get out. Don't be stubborn and ride a position into the dirt.
We've discussed this before ya know.
>>
Yes, my friend, we have discussed this before. Question though....My first march calls ( 110 strike ) I got a tad over $6, when jdsu was a tad over $80. I have slowly bought a few more as jdsu has come down. Now, with the calls so low....$3 ( I am planning on adding more at $2 if it hits ), am I best not to just sit tight dont panic and sell and let's see what time brings? march seems far enough out to get past all this, I would hope. You mention to get out when it moves against you....well, I am fixing to buy at 66% less then my first buy....quite a haircut...but being they are OTM, I dont think thats too unusual. I would imagine a jdsu run back to $85 would get those calls back up above $7 at least......so, am I not better to keep the faith in JDSU, not panic, maybe average down....and just chill?
Thanks much for your expertise
keith |
