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Re: sdtrond post# 551

Thursday, 11/10/2011 7:03:11 PM

Thursday, November 10, 2011 7:03:11 PM

Post# of 16750
your facts are correct. However any time premium will have evaporated by then so the Jan 5s which closed at 40 cents today would have to see an SP move to 5.40 just to hold their value...as Ive said in the PAST a move like that just Isnt possible. If the DMC finds overwhelming efficacy we are off to the races...$10 or higher and if they say go to 380 we could see a drop to 2.75 or lower.....IMO adding to share positions in this current selloff makes more sence than adding any JANs...this is an INVESTORS point of view.......if one is a GAMBLER then the JANs may represent a value when compared to a parimutuel ticket or a roll of the dice