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Gungrey

12/12/09 3:09 PM

#279320 RE: olddog967 #279313

O.D., I guess I'm just asking that everybody try to get along. I'm pretty sure most people here have never met. That said, we should all ask ourselves if we would be as brazen if we would ever meet in person. My guess is we all would be much more respectful towards each other......so why not be respectful here?
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texb

12/12/09 6:54 PM

#279336 RE: olddog967 #279313

Olddog, re: IDCC's inability to sell puts...

I admire Mickey's spirit, but he does, at times, drive me to the point of extreme frustration. At the risk of unjustifiably encouraging him with respect to IDCC selling puts (and in spite of Janet Point's seemingly definitive answer to the negative), I vaguely recall another poster on this board asserting that QUALCOMM had sold QCOM puts in a corporate capacity at some time in the past. Unfortunately, I can't remember the poster's screen name or date(s), and I'll be first to admit I may be mistaken.

With your terrific investigative skills, could you look into whether QCOM corporate did in fact sell puts and also generally into a corporation's current legal capacity to trade derivatives of its own stock? I'm convinced that Janet's assertion that officers of a coprporation are prohibited from trading that corporation's drivatives for their own account, but I'm not certain about a corporation trading same for its own account.

If you already answered my questions, I apologize, and please direct me to any relevant posts.

Thanks for any light you or others can shine on this.

texb