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Re: MASTERTRADER post# 472

Thursday, 08/28/2014 12:07:46 PM

Thursday, August 28, 2014 12:07:46 PM

Post# of 2104
Not looking to close one...looking to open one

Actually in point of fact my broker doesn't have shares of CNAT available for borrowing, so to profit from its (imo) inevitable decline I'm going to have to buy puts.

Obviously though the higher the PPS when I buy the puts the greater the potential profits if I'm right and it tanks by the end of the year. So pump it up big please, its all speculative and you're doing an okay job.

Good luck

If you want to taste the fruit, you have to go out on a limb. But if you wait for the herd to move out on the limb....the branch tends to snap.