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Strategies & Market Trends : Calls and Puts for Income

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To: pcyhuang who wrote (1086)8/2/2007 3:39:15 PM
From: pcyhuang  Read Replies (2) of 5891
 
re: AHM

Sam and H G Eichorst, Referring to my earlier message:

Message 23752133

I think that Michael's brilliance will be noted in the history book of finance. His brilliant moves will not only save AHM but also the mortgage industry. His brilliance includes the cancellation of the promised dividend to save maneuvering liquidity, his long delay in silence before reopening the stock after allowing the media plenty of time to spread the impending bankruptcy rumour. Have you noticed that the moving up of the stock is also helping other players in the industry. Because of Michael's moves, I believe that the market will perceive that the bottom of mortgage saga is near....

My mid 4 figure position has 0 cost -- all paid for by profits earned from the earlier setups in AHM's option trades.

pcyhuang
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