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ctrumabll

07/27/12 2:18 PM

#107310 RE: jetpilot1101 #107309

Nothing is a "can't lose" proposition- and that includes CD's and government bonds.

Deep out of the money covered call writing is definitely the most boring of all options strategies. Subject to the usual "my opinion, do your own DD, make your own decisions" disclaimer, I did find one options strategy that worked based on ihub information. In a rarity, I saw that the ENSSFM crew were jabbering about a short squeeze on a stock that did have an options chain. Naturally, I did some DD and then immediately bought some puts. Predictably, I saw a decent return in one month, and then took my profits.

The problem I have with these penny stocks is not that they are a gamble. The problem I have is that you are gambling in a rigged casino. Between the outright scammers and the death spiral diluters, the odds are against you- doubly so if you bought Monk's Kool-Aid about how you can't take profits "for the team."
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MorningLightMountain

07/27/12 5:43 PM

#107316 RE: jetpilot1101 #107309

lol!!!