Replies to post #250 on Covered Calls

[Luddy350]

Joe, Vincent, most everybody on the nq board is insane. Well, that's not true, just that the loudest people are insane, lots of sheeple are unsure, but hopeful. I've been slowly selling off my position there. I haven't lost any $, but I've been holding for years waiting for the price to increase so that I didn't lose anything. You can try to educate people, but some people won't listen. Joe, you're basically casting your pearls before swine. They don't appreciate it. I got burned on wamu, and am not letting that happen again. I appreciate your dilligence over there, but even beyond that, it just doesn't add up that they are gonna somehow get face value or dividends. I'm sure the prices will crash after Oct 3rd rolls around. Some people STILL think the POR will be paid off then. It's just another payment on the schedule. Thanks for your DD!