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Re: hopefulsurgonc post# 68808

Sunday, 08/07/2016 1:44:18 AM

Sunday, August 07, 2016 1:44:18 AM

Post# of 822354
As I was reading of your financial plight and surely how nerve wracking it has been upon you and your loved ones, I was crying! And I just read Do Due Diligence's reply and I've stated when the topic arose I never would approach buying a biotech with options because as I stated, the area is high risk ALREADY and to buy/ or convert one's shares to leaps adds extreme high risk. My sense as to how this evolved is clearly your experience as a practitioner at UCLA and what Dr. Pat Soon Shing: you are referring to the wealthiest individual in LA area courtesy of his incredibly gifted talents: He performed the world's first full pancreas transplant in 1987 to selling two startups companies for ~$7 Bln after his UCLA stint to setting up a handful of co's and doing the biggest biotech IPO NantKwest and leading the Cancer Moonshot 2020 initiative, with the goal of finding immunotherapy solutions for cancer. "https://en.wikipedia.org/wiki/Patrick_Soon-Shiong.

And my inference here is that you saw such success directly and indirectly with DCVAX that you decided to not only mortgage your home but also probably asked your "stockbroker" how do I expand my common share position and that's how he likely introduced you to your "longer dated?"LEAPS" which an experienced individual said

With the time to expiration issue and if you are not dead on with your prediction of the underlying ... more often than not, your capital in the trade will be wiped out due to being wrong .. and a lot of times ... if you are out of, or at the money ... OP option pain will eat you up too.

Forgive me for this reading and please correct if inaccurate. Unlike those handful of tormenting posters who truly are like vultures it's all about tearing/wearing the poster down a la AFraudstein style, I will HELP and hopefully provide you with more than solace as I have consistently done.. contrary to those despicable lo life heathens of the highest order still in our midst. I'll contact you.
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