jmac,
Well I can see that once again you could NOT contain your compulsive behavior.
Your, "I guess that one fellow who, reportedly, bought IBM puts to hedge against his Intel stock is still OK. But, even IBM is back to 156 after over-reacting to the downside."
Now! I wonder who that fellow was? Are you trying to imply that this was not a great call, especially in view of the announced IBM stock split three days later, and still IBM is down 16 points from where I bought the Puts, when IBM was 169 3/4. Well jmac, I find it very difficult to remain silent while you spew your diarrhea on this thread. But what really gets me is your nerve to proclaim to all that you are tossing us "pearls of wisdom".
You don't think that we remember that just prior to Intel's release of earnings you where telling everyone here that you were going to sell half of your INTC at 147 and the rest in the mid 150s. Or the weekend that you boasted that you had just sold more INTC calls that Friday, and on Monday INTC was up big. Or your hedging back and forth everyday that you are buying INTC Calls because you can not see any possible sign of a correction. One of those times, two hours after you made one of those proclamations, the market tanked and closed 150 points down from where you shared your "sage advice" with us. Or last night when you once again advised everybody to sell INTC Calls, and INTC closed up almost 4 points today. Where you get the audacity to try to elevate your ego by maligning Jack Rains, is beyond my comprehension.
There are so many more examples of your call reversals that I can not keep track of your cartwheel acrobatics. I wanted to pull your past posts out from the SI archives for all to see, but you have posted so much damn crap over the last two months that it would have been an all day task. So "pinwheel jmac" I came to the conclusion that you're just not worth it.
Jules |
