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downtimepg

03/17/14 2:56 PM

#360088 RE: George the Greek #360086

Yep, but that fast playing stuff wears on ya sometimes.

Take a look at INFN. Popped some on erns last week, but has been a slow dripper since. I have just a couple 9 puts left. Very slow mover, so I took my small original cash back out, and let a couple freebies ride with zero concerns from here. It was a small play from the get, but is not holding gains. And with todays market blow-up it still dripped.

These small kind of plays let you be in the game without pressure, which is a valuable learning tool

The 9 puts are cheap, and really do not expect much at all from them, but zero stress plays are wonderful :)


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downtimepg

03/17/14 3:05 PM

#360091 RE: George the Greek #360086

Here is another one to look at.

KKD, a turd stock IMHO

Gave all the erns pop back last week in the same day

Same thing for me here, riding just one $19 put. I have no idea what the bottom is, but selling is driving this thing down. Down a buck on a good market day. So the 19s may pay off, and the prems are not bad if you were in the mood for a cheap gamble