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Re: Funrocker post# 38977

Thursday, 11/13/2008 9:36:59 PM

Thursday, November 13, 2008 9:36:59 PM

Post# of 72979
LOL! Good point. Many times when I have a long position on a stock option, it's the equivalent of me holding it down by stepping on it's neck. Once I sell, the stock option is relieved and free to run up. The longer I hold it down by owning a long position, the faster it goes up after I sell. It's also a direct correlation to how much of a loss I sell for.

I see $80's in BUD's future. Since I only held a few days, it may take it a month to get there. Unlike when I held IPI until I was down 80% over 2 weeks, once I sold, it surpassed my strike price by around 10 bucks within 1.5 weeks.

Nice!

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