The math has been done. Your long position doesn't look so good now does it? SLW is highly overbought and my put options are looking lovely right about now. I still love this stock for the long-term but what goes up must come down at some point. Keep charing and calculating.
I did not say that the math was incorrect. Timing is everything and this time it was off (If I were as smart as I think I am I would have shorted NFLX the day they raised prices and reitred... timing). That's not to say that SLW isn't one heck of a stock that will most certainly appreciate significantly over the long-term (I've also held and profited from long positions in SLW). They have a fabulous business model and strong management. The same goes for AAPL and look what is happeneing to their stock at the moment. If every stock went up all the time then this game wouldn't be any fun to play. And there is no need for name calling or derogatory statements about my abilities. That's the reason I deleted my FB. A bunch of kids pretending to be adults. FYI... You're speaking to a military veteran so if I learned how to drive around a nuclear-powered submarine and operate complex communication suites, I think I can read a financial statement. One more thing... is it so hard to spell out :"you" instead of "u"? That's my OCD talking.
Thanks! I hope you had some protection on your long position becuase it's not so long anymore, huh? $15 per share cost basis? That puts you around a phonomenal 143% gain at today's price. However, I wonder how long you've held those shares collecting that massive dividend? My guess is several years. My put options on the other hand... several hundred percent gain more than you in a fraction of the time. Happy hunting!