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ChipMOS TECHNOLOGIES (Bermuda) LTD. Message Board

  • misterbob8 misterbob8 Dec 18, 2012 11:44 AM Flag

    Good for Nothing Shorts

    I'm short Dec $10 puts, and those incompetent shorts can't even hold the price down until the end of the week. I wanted those shares!

    Just for the record, I haven't received the dividend yet either.

    Good luck to the longs.

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    • So if you are shorting puts, does that mean you expect the price to rise? It looks like imos may not see $10/share again anytime soon. From the look of its setting higher lows, breaking 10.70, being about to clear 11, and seeing a rise in the mfi, it looks like it is about to clear 12.

      Sentiment: Hold

      • 1 Reply to silmarilion123
      • Yes, shorting puts means I expect the price to rise. I was just hoping to have the price stay below $10 until the end of this week, long enough to have the shares put to me. It's not a big deal, though, since I'm already heavily long IMOS. It's just that the price was so ridiculous that I was willing to cross the line and go on margin to pick up more. "Ridiculous" doesn't last forever, unless you're talking about some of the message board posters.

        Good luck to the longs.


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