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Re: squeak1 post# 33507

Thursday, 04/11/2013 11:42:46 PM

Thursday, April 11, 2013 11:42:46 PM

Post# of 39210
Don't be so sure.

I am however 100% sure that I will never get caught again.



I got caught selling naked puts on a major S&P 500 company buying into the CEO buying millions of dollars of shares (heavy insider buying usually indicates a bright future with managers/owners putting their money where their mouth is, something that's never been done at IMDS since Linda took over.) and promises of the future. I didn't know he leveraged the shares to the hilt until they called his margin. The stock plummeted and I got nailed and had to cover the puts. Lawsuits still pending.

Just saying, the moment you think it's 100%, it's not.

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