Thursday, January 17, 2008 11:08:50 PM
OT Hey Rich, glad to see you still active. I was very happy for you to see your big hit on Biomarin. I got bought out way too soon (typical). I had sold the covered calls and they took my shares away only to watch the stock quadruple as the approvals came in.
As for IDCC, it still frustrates the heck out of me, and I'm in no hurry to load up on calls after my last fiasco with the news coming out the Monday following options expiration. I'll be happy to just keep adding shares as money allows and not worry about trying to time future events. I'll also keep selling a few puts and if I have to buy the shares, I'm OK with that. I too rolled a few out and down, but how quickly the landscape improved with a simple little patent being declared essential. This should be our year, but if not, it certainly will be our decade. See you at $40+ this year.
Watch for a spike in share price next week when I purchase my 18th share.
Happy new year to you as well.
As for IDCC, it still frustrates the heck out of me, and I'm in no hurry to load up on calls after my last fiasco with the news coming out the Monday following options expiration. I'll be happy to just keep adding shares as money allows and not worry about trying to time future events. I'll also keep selling a few puts and if I have to buy the shares, I'm OK with that. I too rolled a few out and down, but how quickly the landscape improved with a simple little patent being declared essential. This should be our year, but if not, it certainly will be our decade. See you at $40+ this year.
Watch for a spike in share price next week when I purchase my 18th share.
Happy new year to you as well.
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