Yeah, that's my opinion too, m_m. If anyone lost money because of the hoax, they must have jumped in and out without any concept at all of how the price was moving. IMO, people who leap without looking deserve to land in a mudpuddle now and then. I know I bought some options that morning, grimly held on for a couple of days, and then sold them at a small profit. If I had bought when I first heard the story, and sold when I should have (when the evidence was clear, right here on this thread, that the story was untrue), I would have done pretty well for a two hour option trade.
I'll bet very few folks who follow this thread lost very much. As for Cramer, who knows? I think he says a lot of things for impact, and sometimes may forgo accuracy in favor of making a point. Just because he says he lost several grand, doesn't mean his realized losses were that much. BWDIK
jim |
