just for fun if a buyout did happen back in july where would you have stood? long and short
funny DIM i did just that:) instead of buying in at 6 we are buying in at 3's so now if a buyout happens at 8 its really the same thing as if it was 14 before... but this time i am holding 1/2 less as i am still licking my wounds.but still holding $ 5-8 calls and will every month for the next 1-4 months just incase, yes it wil cost me some $$ if i am wrong but ill live with that and hopefully will make that up in other trades.
before i heald 2x the amount of shares , now i am holding 1/2 but holding 50% calls..
8-10 now seems to be the right price, if its at 10 ill walk with 300k, still enough to make me a happy boy... oh and may the tax man.. he is as annoying as some people on this board...
I am holding 15K right now and avg $5.40 .. re the tax man : some of my shares are now long, in another 2 months more will go long and convert from approx 34% tax rate to 15% .. that a nice gain in itself