Conventional wisdom suggests not to invest in things you don't understand, nor to eat foods you can't spell. Both can end with the same result!
No doubt in my mind, Stu, that you have the smarts and the vision to reap the rewards of options opportunities, and I certainly hope you score big-time, but methinks that instruments that carry "Lose Everything" deadlines, as illustrated so well by Slate, and seconded by Marty and Steven, and others, are not for a regular tyro, such as meself.
Factors apply that have nothing to do with WAVX. For example, the Y2K climate... could there be a flight to safety in the coming months? Possibly. But that scenario, IMHO, would evaporate many options plays, while creating buying and accumulation opportunities for the longs.
Cheers,
Wooly |
