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Thursday, January 06, 2011 5:28:14 PM
Sounds like a good plan...I actually take my money from selling covered calls on my "big Board" stocks to invest in the pinks. If they blow up, who cares as I will generate more revenue once the covered call contracts expire. I then take any real profit from trading the pinks and buy more "Big Board" shares so I can sell more covered calls.
And your right, making $300 profit or tripling your money on the trade beats a sharp stick to the eye..LOL
Make money any way you can in this crazy market..
GLTY
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