Big Play777SGE... ronran... patientman Try#2
in response to
by
posted on
Aug 12, 2007 04:58PM
Big Play:
Too much Merlot
David Pohl bought all options available at .165 or whatever. He then sold enough to offset what he bought at .48. He is no fool man, wouldn't you change 16. 5 into .48 any day of the week. He got a million or so shares for nothing.
I meant to say 0.165 rather than .48. He sold 300k for .48 to pay for the million or so he bought. Again, he walked away with a million shares for nothing. This is exactly what I would do. He is in the game with no chance of loss, he is playing with the houses money.
Don't go crazy big play, we can't afford to lose anyone with money in the kitty.
Cheers, Oscar