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Strategies & Market Trends : Contrarian Investing -- Ignore unavailable to you. Want to Upgrade?


To: OldAIMGuy who wrote (63)9/13/2006 10:46:38 AM
From: pcyhuang  Read Replies (1) | Respond to of 4080
 
Tom Veale, Welcome to the board of Contrarian Invesing!

Regarding CHS, on Aug. 25 I disoovered the stock as being qualified as a candidate for my brand of contrarian investing.
I sold open the Oct. 17.50 put for 1.15.

Message 22751444

The margin required (using Treasury bill yielding 5%) was $360 per hundred share. This works out to be 3.1% for 55 days or 20.27% per annum return on capital if the option expires worthless. The worst possible outcome is that I will have bought the stock at $16.35.



To: OldAIMGuy who wrote (63)9/13/2006 11:40:24 AM
From: zx  Read Replies (2) | Respond to of 4080
 
Cramer said, to sell energy, to add tech and retail,
yesterday on the radio.



To: OldAIMGuy who wrote (63)9/24/2006 10:42:07 PM
From: Madharry  Read Replies (1) | Respond to of 4080
 
Does seem like the classic busted growth stock. so all the growth boys bail but now its late september and this was a pretty popular stock so by october I would expect to see some tax selling. So why rush in here? Do you expect a banner holiday selling season?