Replies to post #325 on Inseego Corp (INSG)

[LionsTact]

JL Thanks, Any teachings are much appreciated.....Apparently options are an in-depth topic...I will do some youtube watching to learn more, because it's something I'm interested in.

Interesting points I just found on Seeking Alpha

1) The consensus EPS Estimate is -$0.08 (-166.7% Y/Y) and the consensus Revenue Estimate is $52.7M (+8.4% Y/Y).

2) Over the last 2 years, INSG has beaten EPS estimates 13% of the time and has beaten revenue estimates 75% of the time.

3) Over the last 3 months, EPS estimates have seen 1 upward revision and 4 downward. Revenue estimates have seen 1 upward revision and 4 downward.

Good Luck tomorrow everyone and Go INSG !!

https://seekingalpha.com/news/3569381-inseego-q1-2020-earnings-preview

[slimhere]

Doc, I sell naked puts, I'd like to point out that you failed to warn that while you may "think" you know what your exposure is, some tricky CEO might get itchy feet and have a secondary offering for seven bucks under that day's close.

When "old marble mouth" pulled that on us over on the other board, I was short 100 contracts with a strike at 20. I had figured the premium collected was easy money, ha, when the shares were actually put to me, I found myself in margin.

I strongly feel that folks here should listen to you, sell covered calls until you have a nice pot of money to play with as well as the knowledge to know that at any minute, all hell can break loose.