Dawg; I happened to look at the June calls early today, the
$5 was going at 1-1/16 , so I grabbed a 1000 shares 4-1/4, and then
sold calls on them , that may be crazy, but it's a 41% gain if they
get called from me, as it gives me the shares for 3-3/16. ( plus
commissions )
Right after I sold my calls someone else sold another 100 contracts
CMO don't normally trade many options, something must be up.
Any way it looks OK to me, inch by inch I'm beating this rug,
now if she hold 4 I'll be OK <G>
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biz.yahoo.com
Give these ambulance chasers a few weeks to stomp on a stock,
then go pick up the pieces, before the shorts cover.
I like PCMS, but they may take her lower..
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If the SEC needs to investigate any one it's these short then
bash mills that are running. But until they do just keep an eye
on the ones they stomp on, almost always after about 6 weeks
they start back up. I didn't consider that when I first bought
CMO, and tried to catch the bounce to early, then they started
their hype..and I got caught sleeping. But I have dug myself out
inch by inch. <G>
Jim
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