RE: my intentions on Monday vs what I actually did
I'm not sure what you're asking, so I'll answer with a recap of how and when I acquired my current position:
On Monday, I sold all shares except 10,000 in my Q&R account. Also on Monday I went short 10,000 shares at 14 5/8 at Ameritrade.
On Wednesday, I closed out my 10,000 share short position at 14 1/4 for a 3/8 gain. Also on Wednesday I purchased 12,950 shares at 14 1/4 to 14 5/16. Also on Wednesday I purchased 100 Jul 15 contracts for 1 1/4.
Today I purchased 11,000 shares at Q&R for 14 5/16. I also purchased 3,500 shares at Ameritrade for 14 9/16. I thought the stock had bottomed at 14 1/4 and I was a little surprised at the drop in the last hour.
I currently hold 37,450 shares and 100 contracts representing 10,000 shares more.
I have also convinced my mother, father, friends and co-workers to purchase shares and options totalling approx 20,000 shares and 200 contracts.
So yes, I am long. |