steve, I was trading CYRX successfully long before you got there. I shorted it down to 12, was long again at 14 3/4, sold at 21, bought at 18, etc. At the time you got out, I exited at 29, bought again at 25, sold at 25 1/2, bought again, sold calls, etc. etc. Then I happened to be watching the day they announced the NSM merger and saw the options market acting funny with huge lopsided trades in two specific calls and made a bundle buying stock and the two active calls. I should have kept some I suppose since it's up 5 since then, but I just don't know NSM. I knew CYRX (it was so predictable - shoot up on news, then back down), and kind of miss it. According to Quicken my IRR trading CYRX was 1400%. Now if I could just do a fraction of that here.
Carl |
