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Re: sinnet14 post# 78460

Thursday, 08/26/2004 4:05:55 PM

Thursday, August 26, 2004 4:05:55 PM

Post# of 432796
That is only 30 cents per shares I am risk with, I could live with it. But if it is over $30, The value of option would be up $1 per $1. Says it is $35 any time before expires, The option would be worth $5+. That is a good risk for 30 cents.
I already have boat load of stock in magnitude of 10k shares. I am not willing to risk by buying stock on margin and got margin call if we go BUST. This option BUY is only small token just for fun of it ($600 risk to control 2000 shares til March05). I regard this as good gamble. To buy more stock with margin money is bad risk since I may be forced to sell the shares I currently have free and clear.
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