What a day. LoneGrey gets removed as the mod on the CDIV board and three folks who have done nothing but post negative things about the company are allowed to take over. Now I understand that iHub can do anything that they want, they own the site and that is their perogative. I will admit, LoneGrey was biased in favor of CDIV and could have potentially violated the mod rules but how is replacing him with folks who are anti-CDIV any different. Will iHub ensure they follow the mod rules; I sure hope so. Bottom line is an impartial person should be appointed, not a crew of B's. I dont think a crew of P's is the right answer either but come on, a little fairnes would be nice.
Now on to more imporatant things. I'm in F at around $16 a share. Right now, I'm up nicely but I did sell 18 December $17 calls. F it $16.77 today. So what are the odds that it goes above $17 EOD tomorrow? Well I don't know but I'll be poised on the buy button to close out my options position to ensure I don't get called out and have to rebuy. The daily chart is about to give a buy signal and I think F could easily go to $18 or $19 by the early part of next year.
Should be fun to watch tomorrow.
Have a great night folks,
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