Anthologic
Amicus
"Lord of all Reality"
Ha!
Posts: 1,237
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Post by Anthologic on Nov 5, 2008 11:06:01 GMT -5
I currently have a position with SNDK, Jan $15 call, bought @ 0.45.
Currently the position is at +90%, and I intend to continue holding. Reason, Sandisk has a flash format well above industry standard with holidays coming up AND there will be two rounds of layoffs in december which historically help a stock short term.
Thoughts?
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Post by Emperor AAdmin on Nov 5, 2008 15:38:28 GMT -5
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Anthologic
Amicus
"Lord of all Reality"
Ha!
Posts: 1,237
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Post by Anthologic on Nov 6, 2008 17:23:17 GMT -5
You were right, I should learn to sell a profitable position and rebuy when it goes back down.
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Post by Emperor AAdmin on Nov 6, 2008 17:40:42 GMT -5
... well that way not only would you be playing it safer (shorter time frames) but at the same time it would be also FAAAR more profitable in terms of much higher percentage accumulation.
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rex362
Senior Moderator
Pellazg
PELASGIANILLYROALBANIAN
Posts: 19,058
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Post by rex362 on Nov 8, 2008 18:46:49 GMT -5
sndk ? ....picked some up myself in June for x20 in August ....lost some $$ bcs of time
good luck
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