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Technology Stocks : MicroStrategy Inc. (MSTR) -- Ignore unavailable to you. Want to Upgrade?


To: Kid Rock who wrote (509)3/26/2000 2:15:00 AM
From: Toby Zidle  Respond to of 717
 
Did you do anything with the options, Kid? Of course, this is hindsight, but the best play probably was a straddle short-term (less premiums). Bet on MSTR both ways. You don't know which way it will move, only that there is a high degree of certainty that it WILL move. You lose small on one side, win big on the other. Take your profit and see if the pendulum swings the other way. It often does. Win both bets.

You think it will go below $10 in the next 6 months? Want to revise that opinion? Turs said two to four months to find a bottom. Make that one day! Friday's close is 105% above Tuesday's bottom.

Out of curiosity, what is your current opinion of MSTR?