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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: SliderOnTheBlack who wrote (13779)	12/3/2008 10:34:58 AM
From: Webster Groves	4 Recommendations Read Replies (1) \| Respond to of 50060

More comments on SLW - Let's say for the sake of argument I have 1 million shares of SLW bought below 3.0. Problem ? How to unload. I go out and buy 30,000 March calls at 0.7. March but not December. Total outlay - 21 thousand. Strange move, right ? Then I get my bait touted on the financial airwaves. Wow - somebody knows something, right ? Then I prop the bid a bit and wait for the lemmings. Here they come. The 10% rise so far far outweighs my 21 thousand investment in calls. I sell to the waiting masses. Who am I to deny them their futures profits. I unload, pay the talking heads a dinner or two, and laugh all the way to the bank. End of story. wg PS - Oh, those calls, I sell them at a profit too.