Options

[daddydo]

Bernard,I saw INSP too as low as it was and was going to buy and then looked at revenues which weren't bad...But then the loss was pretty scary and the shares o/s along with book value pretty much made my mind up....Decided to stay away...Puts probably would not be bad on it..For some reason I have had better luck with calls....Last PUT i bought was PPRO at 46 and then about 3 days later they announced a split and it ran to 90+....lol
Funny thing is I watched it for months follow the same pattern from 20 to 45 back and forth.As unstable as the market was I thought I could not lose on it and learned a hard lesson...Only option so far I have lost on...