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Re: swingingRichard post# 144657

Wednesday, 10/22/2014 8:56:02 PM

Wednesday, October 22, 2014 8:56:02 PM

Post# of 194795
That's a possibility, but even if it gets halted tomorrow, by the time it trades again, it will be less than two months until the end of the year. It's a long way from a penny to a tenth of a penny to a hundredth of a penny. I'd feel comfortable selling a billion .0009 puts that expire 1/1/15, if I could get any money for them. Hell--I could protect them at .001 if I had to.

We're a long way from the trips, and two months isn't a long time. Don't bet on trips before the end of the year.

A good bottom's hard to beat.

e