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Monday, April 06, 2009 8:28:27 PM
I also felt some initial anger when I first read what you posted, but them realized the exec-compensation was a non-issue in the larger scheme of things (like $7B), more emotion than substance, but it sure will make Sun look that much worse if the deal doesn't fly......but I understand the insiders will always walk away with a final overflowing pail of milk when these buyouts happen......but at least they won't be doing it with TARP funds here.....
anyway, let's hope articles like this, no matter what their real merit, will light a fire under some people......my call options expire in less than two weeks, so get 'er done already (yes, I want my share of the milk too!!!!)....
PS: the last time I made this big of an options bet was back in the INTC vs AMD 386 "clone wars".....I was on the AMD side, and nailed a huge windfall, with options that went from like 1/32 to $5 in a few days, just before expiration.....now THAT was speculating!!!!!.....(I had paid about 1/2, but the price had eroded to almost zero, then BAM, a decision in the case was announced.....man, nothing like seeing a security go from a few pennies to $5 in worth, and holding a LOT of them, that is adrenaline).....
I love this game.....
Penny Spock Agonizer!!
http://i33.photobucket.com/albums/d52/ultramode/agonizer.jpg
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