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Technology Stocks : CyberGuard Corp. (CYBG)
CYBG 0-100.0%Jul 23 5:00 PM EST
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To: Bill Wexler who wrote (1881)7/30/1998 6:54:00 PM
From: biodoc  Read Replies (1) of 2616
 
Here is my current simplified plan to make a little money on the side.

1. Watch your posts (and those of several others) for ideas on shorts based on either outright fraud or incompetent management. Do a little more DD of my own (I only play this game if I understand the underlying business).

2. Watch the appropriate thread for violent personal attacks against you, coupled with 10 or more ridiculous posts a day which are all caps, bolded, sound like an infomercial, or are three or so people posting to each other some wild-eyed hype about the stock.

3. If and when that happens, buy slightly out of the money puts with at least 2 months till expiration.

4. Sit back and wait.

So far this has worked very well for me.
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