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Re: drjohn post# 61700

Saturday, 04/19/2008 9:08:46 PM

Saturday, April 19, 2008 9:08:46 PM

Post# of 152300
>> 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.
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