News Focus
News Focus
icon url

Sarmad

06/01/09 10:52 AM

#81078 RE: Sarmad #80047

re >> Bought more INTC @15.75 to avg down to $16/sh.

Well, today finally I was able to sell INTC shares at a profit. Sold 1/3 of my overly stuffed full position @ $16.19/sh.

Profit a bit over 20c/sh. Hopefully we'll have a couple more up days to allow selling remaining shares at higher prices.

This has been an exasperatingly long hold (3 weeks) to make a few cents pf profit. I was almost giving up on the concept of buy low sell high. Glad it is still viable.

Regarding the various methods of getting income from INTC, trading shares is still ahead by a big margin. I suppose optioneers will be selling some calls today. Andy ? Elmer ? Merlison ? tecno bull ?

I saw that Andy sold some puts. What about calls ? My opinion is the 16's will be called.