To: Turs who wrote (451) | 3/20/2000 4:50:00 PM | From: Kid Rock | | |
I had a sell short order last week that I did not execute on the final confirmation screen. Because of the high-flying volatility on this pig I did not want to tie up 62K in capital and get a margin call. I do not have an account that allows options( Schwab sent me the form) but was going to do 90 puts.
How much money would I have made from last Monday to today had I bought 10K in 90 puts?
(If my terminology is wrong you can understand why I did not pull the trigger on this) |
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To: Hawaii60 who wrote (430) | 3/20/2000 6:40:00 PM | From: Jimbo | | |
With revs being what they are I say around $225 mil this thing is not worth more than $60/shr. This one will be on the untouchable list by many brokers list. Stay away (for now !) Reminds me of IFMX 2 years ago - took it 2 years to recover ! |
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To: Jimbo who wrote (460) | 3/20/2000 6:46:00 PM | From: ken whited | | |
What a Disaster!
Hey guys I don't own this one but, I seen this happen before, reinstate earnings is not good. NO ONE WILL BUY THE STOCK NOW! The creditability of the company is shot to HELL! Look for single digit stock prices within the month! |
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To: ken whited who wrote (461) | 3/20/2000 6:51:00 PM | From: Jimbo | | |
Now ken lets not carried away ! This thing is not going to single digit ! Let's try to be responsible with our posts - ok.
BTW - Saylor coming on CNBC - this ought to be good !
BTW - Rambus is looking good as a short ! Way too far too fast - ridiculous ! |
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