Saturday, April 19, 2008 9:08:46 PM
>> but the callapse of INTC happened at around $28.
Actually, each new high brought out a wave of selling. I think that was new in-the-money options. It seems now obvious that employees take their profit immediately. Likely a lesson learned from the '00-'01 crash when people exercised and held. Then were liable for taxes, and had a big loss.
A good lesson for us trying to profit from the stock. Sell at each new high, before the option exercise hots. because for sure they'll sell.
Actually, each new high brought out a wave of selling. I think that was new in-the-money options. It seems now obvious that employees take their profit immediately. Likely a lesson learned from the '00-'01 crash when people exercised and held. Then were liable for taxes, and had a big loss.
A good lesson for us trying to profit from the stock. Sell at each new high, before the option exercise hots. because for sure they'll sell.
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