There are stocks that he could have purchased cheaper>>His timing is not always perfect>>USB is a recent example>>Bought in the $32.50 range and it tanked to about $20
All I can say is IBM is tanking. I'm buying the hell out of the stock now. Down $8! Nice.
And I have these as well:
.IBMAI IBM JAN 2009 145 Calls from .45 believe it or not. They're still green based on the last trade and I bought them over a week ago. I'll buy more if they drop below .40.
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