Hello Maurice, <<QCOM>> …
How quickly you forget?!
So let me remind you.
You forgot that I already absconded with the pilfered loot from QCOM, some of which must be from your cabbage patch …
Notice and appreciate once again the elegant way the transgression was committed; the way I zigged while QCOM zagged, and then I zagged when QCOM was zigging:
http://www.siliconinvestor.com/readmsg.aspx?msgid=19410957
October 17th, 2003
Hello Pezz, Tonight’s Report:
I am expecting my QCOM got called away by someone who owned my shorted October covered Call strike price 35; the market price of QCOM is, as Maurice pointed out, north of USD 44. This closure enables the booking (without counting dividends) of USD 7.8/shr of profit (vs. USD 7.1/shr if straight long) on QCOM that is part of this sequence of trades:
Message 18500597
(January 28th, 2003)
(a) Purchased a whole lot of QCOM shares at 36.90/shr
(b) Shorted equivalent number of QCOM July Call 37.5 at 4.80/shr
(c) Shorted a lot of QCOM July Put 35 at 4.00/shr
Message 18883524
(April 25th, 2003)
(c) Closed out this short QCOM July Call 37.5 position at o.55-0.60/shr
Message 18892762
(April 28th, 2003)
(a) Short sold QCOM October Covered Call Strike 35 @ 2.15-2.20
Message 19045374
(June 19th, 2003)
I covered my QCOM July Put strike 35 at USD 0.65, recognizing oodles of profit to the tune of USD 3.35/shr in continuation of this game with Maurice :0)
In the meantime, enjoy your massive paper gain on QCOM and your wopper of a true loss on USD vs the NZD, until I zig QCOM’s zag once again, which I expect to be very soon.
On Gold, you should appreciate that I do to gold as I do to QCOM, like so …
Message 19455558
<<(6) Finally, but just for awhile, I sold off 8 dollops of paper gold taels at HKD 3,542 for HKD paper, completely reversing this obvious earlier exchange
Message 19381282
<<October 8th, 2003
… Purchased 8 dollops of paper gold at HKD 3,492/tael>>
I am simply thinking that my gold taels may devalue against USD for the same reasons sighted above somewhere>>
Chugs, Jay |
