RE: go Ray...go.
I sold off all but 10,000 shares this morning at prices
ranging from 14 7/16 to 15.
In a different account, I sold SHORT 10,000 shares at 14 5/8.
For the first time in 4 months I am effectively without GMGC shares...
ie: long 10,000 in one account and short 10,000 in another.
I expect the price to drop to 13 1/2 by tomorrow.
Regardless of the price, by end of trading on Wednesday,
I'm going to buy back my entire position and go long.
On Thursday, I'm going to buy Jul 15 calls.
On Friday, at 15 mins before close,
I'm selling all options and 1/2 the stock.
I'll update ya'll on my position as it develops.
Remember, this is not about bragging,
I'm posting the updates to facilitate voyeuristic tendencies
in others (and because it enhances the fun).
Good luck to all...
Ray |
