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Re: DewDiligence post# 108310

Saturday, 11/13/2010 2:59:02 PM

Saturday, November 13, 2010 2:59:02 PM

Post# of 257257
More on the foolishness of call writing: The scenario mentioned in #msg-56669891 is yet another possible event that could cause MNTA call writers to regret their assumption that nothing of great consequence will be happening to MNTA’s share price during the next ______________ [fill in the blank] months.

On its own, the scenario in #msg-56669891 is not especially likely, of course; however, when this scenario is considered in conjunction with the items listed in #msg-56387187, the probability that some unlikely event will occur becomes quite likely.

As previously noted, I think MNTA call writers are being penny-wise and pound-foolish and are deluding themselves by believing that they are not making highly consequential gambles about event timing. They will IMO need to be lucky to not regret what they are doing.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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