Can you beat 50% per month? Message Board

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Strategies & Market Trends : Can you beat 50% per month?

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To: Peter V who wrote (13134)	2/29/2008 2:08:47 PM
From: Peter V	Read Replies (1) of 19256

I'm replying to my old post, saying I bought the SHLD puts at $3 when teh stock traded at 100.50. At the time the ask was 3.10, but they took my $3 bid. The stock is now trading at 97.33, over $3 less, but the ask is still just $2.95! At this rate the stock has to get down like $5 just so I can break even!

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