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Replies to #19595 on One Step Ahead

zeninvestor32

10/25/04 7:20 PM

#19600 RE: willhub #19595

WILLHUB

I disclosed last week that I used $1500 to purchase UCAD and GEMM ($750 each). My aim is to hedge the MMs not covering. If they choose not to cover in the next 60 days, I believe UCAD and GEMM will continue to rise. I will then flip UCAD and GEMM for hopefully a healthy profit and purchase more CMKX than I could today (assuming again that the shorts do not cover). If I am wrong and the shorts start covering CMKX, well then I am wrong but I still have my 75M shares of CMKX. And if I am wrong across the board and all go down and stay down, well then I'm REALLY wrong. LOL That's the penny arcade. Fun, fun, fun.

PS: I have another $750 in my account which I am laboring over the best way to spend it. I want GEMM at a much lower price so hopefully the shorts try another good shake.