<<This sucker is ridiculous. I know it will come down, but with my luck it
will be after I have lost all my money in it. Incredulous. You see how
biggies play the rigging game especially now that Mr. Case has been
appointed to the board of directors of NYSE. Wall St. is really funny, IMO.>>
This dude will go up again tomorrow, and then going to gap up on
Wednesday, but after the opening gap, what it is going to do is
anybody's guess ...
I continue to think that playing option is a better play than
outright shorting the stock, you have less outlay and if they
wipe you clean, so be it, but if unfortunately you short something
like this dude, well, good luck to you, buddy ...
I might try to pick up some 70 puts on Wednesday, and just sit
and wait ...
I bought 2 contracts of June 35 WCOM put last week for $265, now
it is worth $100, I am down $165
If I take the alternative by shorting 200 shares of WCOM at 38,
now it is 42, then I will be down $800 ...
I might lose the whole $265, I have until June for WCOM to
collapse, but it is far better than $800 in the hole...
Peacelover, does it make sense ...
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