NSM - National Semiconductor Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : NSM - National Semiconductor

NSM 18.27

0.0%

Jul 31 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 PreviousNext

To: Road Walker who wrote (167)	3/7/2008 3:23:59 PM
From: Elroy	of 168

I opened an options account about 20 months ago. I do my trading in that account, and my investing in another account. It helps me to be a "long term investor" in my regular account. Any impulse ideas I can do in the options account. Started out with $20k, and its now at $36, although it was as high as $50k at one point. My theory is I try to spend $1k on each trade, and as soon as I get to $60k in the account, I'll raise that to $2k per trade. That gives my at least 20 complete losses before I destroy the account. This NSM options sale was actually in the regular account, though. I have loads of good buy ideas now since everything is so cheap, so figure I might as well grab some time value with the idea that if I lose the stock due to appreciating above the call price I've got plenty of other places to invest the money these days. I like BCSI and CTSH a lot down here, both have better growth profiles than NSM with low PE multiples.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 PreviousNext