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lax20m

07/28/11 10:27 AM

#11242 RE: DonShimoda #11241

Well Don since you are dying to hear about people's ariad trades here was mine for today.

I sold some of my position, just under 3% to be exact. I refuse to add any money to my ariad position so I needed to free up some cash in case I want to buy in the future. If we get another big down day or couple of big down days I have that money to buy a bunch of calls at a huge discount to where they were trading a couple days ago. If the stock goes up well I've got an extra chunk of cash to furnish my new condo should I ever close on it.