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Strategies & Market Trends : Value Investing

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To: AFed who wrote (50799)2/10/2013 9:50:11 AM
From: Bocor2 Recommendations  Read Replies (2) of 78744
 
I have sold some MHP puts for February....I like to buy when there is "blood in the streets"...it seems the best time to really get value. Might want to listen to the earnings call to listen to on the progress of government investigations. They have to say something.....

Got WAG down at $28 that way, CCL during the cruise mess in Europe, among many others. I hold the LMT Feb 85 puts, and sold the March 82.5 LMT puts. If it gets that low, I will take the yield and wait for the eventual war to break out in the M.E.

Of course MHP could be a falling knife, so it's only for rebels without a cause {except to make money} and a small portfolio speculative position, but when everyone thinks it's going to zero, ala RIMM, it's probably time to go in the other direction.
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