Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?

To: Joe NYC who wrote (46976)	7/11/2000 9:40:34 AM
From: Steve Lee	Read Replies (1) \| Respond to of 93625

He was 100% wrong. He said "at least blah blah blah". If you go short and the stock makes 29% of the move you were expecting in the direction you were expecting, you gain 29% of the gain you were expecting. KissyPutsAndCalls (as he is known on the AMZN thread where he has lost several times the world's GDP on the trades he has claimed to make) is an options player. When you are expecting a price move of "at least" a certain amount and choose strike prices accordingly and the move is only 29% within the time period of your prediction, the usual outcome is to lose the entire stake.