InvestorsHub Logo
Followers 73
Posts 6215
Boards Moderated 0
Alias Born 05/01/2011

Re: hayward post# 155828

Friday, 11/09/2018 9:34:07 AM

Friday, November 09, 2018 9:34:07 AM

Post# of 426556
I'm not backing my expectations down.

If they walk the price down again today in any meaningful way, I am selling in-the-money calls to lever up with out-of-the-money calls.

Prior to R-IT, a certain amount of faith was required to be HUGE long. There were great reasons to be hopeful, but it was still a theory of MOA.

People like JL had the courage of their convictions, went all in, and they are stupid rich now (if they weren't already), and more power to them.

I was half in. Enough for a huge hit, but not a retire tomorrow hit.

But it's different now. It's not faith now. This is math. And reading people's demeanor. And listening to what they said.

Anybody with half a brain who goes short today deserves what they're going to get on Monday.

Anything is possible, of course. It always is. But the risk/reward here is massively skewed toward the bulls.

“The trick is in what one emphasizes. We either make ourselves miserable, or we make ourselves happy. The amount of work is the same.” Carlos Castaneda

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent AMRN News