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Re: NovoMira post# 990

Monday, 04/06/2009 9:16:17 PM

Monday, April 06, 2009 9:16:17 PM

Post# of 1045
well, if you do options be prepared to lose the entire thing.....but of course, the gains can be spectacular.....I assume you know how they work, also a very useful tool at times for hedging your normal position......

BTW, all I really need before end of trading on April 17th is word to come out (maybe from some other "unnamed person", if you get the drift) that negotiations are still on, and I will be easily into the money......no need to wait for a finalized deal, or anything like that, just a pop in PPS on expectation that things are moving ahead......let the arbiters wait for the final payout, not me......

anyway, it will be interesting if anything.....but I admit this is pure speculation (based on the fact that the starving shareholder outrage will force Sun to do SOMETHING after getting a nice whiff of food), its not really investing.....but again, I consider the risk/reward acceptable, and have some extra cash to throw in the pot, thanks to the nice run by C (Citigroup, not the language!) recently.......

PS: I also own over 1K shares of JAVA outright, but my favorite tech stock is WDC for many years now, good for trading, and pretty good fundamentals considering this economy......had a nice run recently, and I rang the WDC bell once again, for who knows how many times now......literally hundreds for sure....