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Skechers USA Inc. Message Board

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  • jkwelli jkwelli Dec 21, 2010 6:55 PM Flag

    Fast Money

    so you plan on buying SKX back?

    We probably won't see you on the SKX board for awhile huh?

    Fast money ADAMI said to buy RIMM at $104, it went to $37.

    Fast money said to buy puts this past summer on your positions. Everyone was afraid.

    Volatility was high, puts were expensive.

    I DID THE EXACT OPPOSITE OF WHAT THEY SAID. I sold Dec $5 cno PUTs for $1.15 premium this summer. They expired worthless for the buyer. I claimed $1.15 per share. I sold puts then on other positions that are way out of the money for the buyer and expire in Jan.

    When GE was $7 in March or so 2009 all the Fast Money were running away from GE the parent network of CNBC. They said it was a sell and probably even recommended buying puts.

    Of course Ge went to $17.

    Great calls. all of them.

    Fast money is not infallible.

    AYou said you don't own SKX anymore.

    Good luck see you sometime in the future.

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