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Strategies & Market Trends : LastShadow's Position Trading
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To: NewKit who wrote (5077)12/29/1998 3:01:00 AM
From: AlienTech  Read Replies (2) of 43080
 
>>O.K, now I know that 0 was at 47.5. What an easy 10 pts in 30mins! <<

I think you mis understood, My price target of 0 was for YOU! One of these days you will be in a stock like UBID you bought for 150 and see it tanking and will be stuck while it goes to 10.

And you think I am kidding. These are the same people who lost 50K worth of JBL puts. I had bought JBL last year at 42, and then bought the @ 45 puts, earnings didnt workout, stock tanked. Logged on the following monday, stock was still there but puts disappeard and got a margin call. Told me I didnt call and excercise it so they didnt do anything and the puts expired worthless. Yea it worked out, but my poor ticker almost went out there.
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