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Re: austinmediainc post# 20185

Wednesday, 10/01/2014 11:06:11 PM

Wednesday, October 01, 2014 11:06:11 PM

Post# of 690787
I think of it this way. At the current trading price what makes sense? 1000 shares at $5 or 10 calls at 90 cents ea =$900 and give myself 7 months to be right.

Imagine at one time my options were over 500% when we hit $9. I cashed some and with that money bought out of money Jan calls. Again who would have thought about trial delays.

I still believe if I had added 1000 shares at $9 then and instead I got 10 calls for Jan $10 calls at $900, now with price sitting at $5 I would be down $4000 VS. now down about $800. Now thay price is cheaper I could use theb $4000 that I didn't lose and buy actual shares.

I have even gotten calls for 2016 and 2017. Every day I check premiums and there are some days sone folks sell at bargain prices were in go scoop. I believe we will win big but need to allow ample time.
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