SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (67619)9/13/1999 12:39:00 PM
From: wlheatmoon  Read Replies (1) | Respond to of 132070
 
Michael,
you are a true star....

yes,,,the only thing INCY have going for it is their patents...at least HGSI have drugs in the pipeline.....CRA and INCY have patents....thus,,,they are certainly riskier plays....

i feel for those who have been jumping in on the recent mania....

INCY may still be fine,,,but the armor has been pierced.

thanks for your thoughts on rmbs...i wouldn't do it with rmbs,,,but i may be able to get pretty decent returns with other safer haven doing a similar strategy..
mike



To: Knighty Tin who wrote (67619)9/13/1999 2:01:00 PM
From: Alias Shrugged  Read Replies (1) | Respond to of 132070
 
Mike

What is your experience/opinion of legging into synthetic puts (ie., buy an OTM call and, after the stock has moved up, shorting the stock or, I guess, selling deep in the money calls)?

The goal being to obtain puts (at or in the money) at a lower cost. This strategy seems appealing especially to one who has been playing long puts, where the general experience is to see the stock price jammed back up by the herd just as your puts were showing signs of life.

Mike