Mr/Ms Brink,
grasshopper DEEPLY regrets NOT putting
a stop loss on those AMZN calls, but is
very happy to have made that 64k on my 12K
investment in only six weeks. (I could have reeped
an ADDITIONAL 180K profit if I'd waited two more weeks,
but hind sight is always so much clearer.)
PPOD is a winner, a LONGER term winner in
MY estimates. Consequently I have SOLD PPOD Calls
on my shares, as oppossed to buying Calls on PPOD.
I have sold 120 DEC 10 contracts for a premium of
1 3/16 per share, yeilding me a profit NOW of 12K +.
I am in Maryland, on my way to LONDON & PARIS on this
profit.
IF I get called out on these PPOD Call contracts,
I will BUY BACK IN,
because I believe PPOD is a GREAT three year buy & hold.
I too, wonder why the price is so low,
but sometimes there is no reason to market movements
(AMZN) or LACK thereof.
I don't expect PPOD to be over 10 by DEC,
but if I'm wrong,
I still make money and will
hopp back in shortly after (31 days, wash rule). |
