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robjer

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robjer

Re: ellismd post# 258891

Tuesday, 05/26/2009 3:00:34 PM

Tuesday, May 26, 2009 3:00:34 PM

Post# of 432665
okay, i owned way back when it was IDC on the AMEX and came real close to a grandslam on 110 contracts of $5 calls that expired about 2.5 months before stock zoomed to $82.00. Now you can leverage about 10% cash and buy Sept $25 calls for $3.30 but I hesitate because of the awfulness that ensued after the Motorola decision. I'm going to ask "what's the worst result of the ALJ hearing, and can it be another Motorola-type p.o.s? Wouldn't mind being able to control 3000 shares for less than $10K, but would hate another disaster. Thoughts? robj (dogwoodadman on old Yahoo board)
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