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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Skeeter Bug who wrote (117366)12/22/2008 12:25:02 PM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
Skeets, I've been very wrong about the timing, but my feeling is that this is like buying puts on MU at $50. Sure, it went to $96, but everything turned out very profitable. And, unlike puts, this is a straight stock buy and you can just hold without having to make that tough decision of throwing more good money after bad.