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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Mr. Pink who wrote (2855)9/11/1998 2:27:00 AM
From: Rex Dwyer  Read Replies (1) of 18998
 
Mr. Pink,

I ask for Your forgiveness. At an impulse, and without even doing any DD, I immediately bought Sept 22.5 puts on FP @ $1.00 within 30 minutes of Your first mentioning it when the stock was at $26... blindly following your lead. Just sold them for 4 to 5 times my investment, all in a week.

I feel guilty.

Any kind words for the afflicted?

Rex

PS, Check out MTRS (Metris), Looks like a house of cards to me in the same vein as FP. Could easily go to $30. They have been buying consumer credit.
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