LT
I spent a lot of time in the military. Your initials remind me of the standing joke about lieutenants and maps.
don't forget about little 'ole me. added to my put position today.
Surely you have been hanging around this thread long enough to know that a) DELL reports earnings on the 19th b) We got some very good press the past couple of weeks (Harvard Business Review, Fortune, DELL's analyst conference, Hambrecht & Quist conference) c) Management says sales are 'robust' d) DELL, the company, sells the LEAP puts you are buying
Now, all of these things together mean that DELL is going UP, at least until earnings. So, as I see it, either you are a) truly dense (the Cat vouches for you, so I doubt that), b) a devout and practicing masochist (well...), c) desirous of creating a small fortune, d) being generous to a fault (in which case, Thank You, Sir) e) or you believe the world is ending in the next two weeks.
Why else would you short this stock now, instead of waiting for it to climb for two weeks and then short it? Then you would have a much better risk/reward ratio and would save a lot on aspirin and Tums.
I don't mind seeing you make money on the short side. I just don't think it will happen. You don't even give yourself a fighting chance.
Good trading, 3. |