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

To: Willitsoar who wrote (123278)	6/26/2010 1:15:22 PM
From: Knighty Tin	Read Replies (2) \| Respond to of 132070

I do not own any and mostly think that BP has had the lion's share of it's move down. If I were to buy one, it would be the 2012 10s, which seem cheap on a co. that could go bankrupt. However, I do believe that China is lurking to buy this bag of manure if it gets cheap enough. That could put a floor of about $5 on it. I like to buy puts on overpriced cos. AAPL is my current favorite, as they can do no wrong. The new I Phone sucks, but everyone is still buying it. I think reality will eventually settle in here. Caveat, I've been buying for a few months on this one and my leaps continue to shrink in value. This is not a Micron. Apple is a great co. A great, overpriced co.