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Wednesday, February 09, 2011 10:19:30 PM
I picked up the stock at 18.70 and concurrently sold covered calls, the Feb. 20's for .50. I remember saying to myself when I bought the shares and sold those calls that the set up was just perfect. I rarely find a technical set up, fundamental set up, and good options premium for out of the money short dated calls as I did with NAK last week.
After all the nonsense and corruption I have seen in my life, I can't help but think there must be alot of good traders that put on this same trade I outlined, and somebody did not like the fact that alot of people were going to profit from making a good, sound trade.
No news, nothing, down 15%? Come on man.
IM
Recent NAK News
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- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/15/2024 05:35:58 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/23/2024 07:33:48 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 03:26:58 PM
- Form D - Notice of Exempt Offering of Securities • Edgar (US Regulatory) • 12/29/2023 08:52:47 PM
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