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Non-Tech : Invest / LTD

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To: Lucretius who wrote (8288)4/20/1999 6:54:00 PM
From: SJS  Read Replies (1) of 14427
 
Luc,

I really don't think that matters, at least for option trades. You know how options work....there's lots of strategies, but it's leverage and you don't hold them forever. At least Rick said he was "playing it", which means to me that he was buying the earnings event and, now in hindsight, made a perfect call.

If this thing soars tomorrow, like it appears it will, I tip my hat to him for standing up (at least I think he still owns these...)into the blowoff yesterday with the stock DOWN 16.

For now, he's made some good dough, and I am happy for him. Let's see when he sells to take the profits......

Steve

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