3000 shares I'm puttin in at 15.35!!! Look at your level II, that's mine.
Now Sonor12001, watch how I make money. I'm putting in a stop at 15.65 in case this POS bounced up.
Minimize risk, maximize profit.
yeah, hindsight is always 20/20. That's ok, I'll kill myself if I had to look back at every opportunity I missed.
I shorted 10000 sunw from 6.05 to 5.05 --- LOL. look where's it's at... oh well, that's life.
1) a stop may not get you the price
you set it at. It can skip by your
number and you get a market price.
2) I keep telling you idiots that
you should not short stocks. You buy
deep in the money puts with 6 mos
or more remaining. But you are
determined to lose your shirts in
the long run. E.G. INQPE bid 9.6
ask 9.8 (apr 25 puts). If you bid
9.7 you will probably get the puts.
Total cost $970 per contract plus comm's.
Stock goes to $12, a 35% gain. Goes to
$17 your option is still worth $8.75 - 9.00.
or so. Max risk is limited to $970.
You paid $1535/100shs or so with
unlimited risk and you traded after hours
which really shows mental illness.
Stock goes to $12 and you gain 23%.
That's a pretty poor tip fella....
Not a poor tip at all. With Intel's high volume, a stop market usually covers at the stop price or a few cents above it.
If I'm an idiot, I wouldn't have made enough money to be shorting 3000 shares.
I wasn't an idiot when I shorted at $28.00 was I?
Hell, I'm disclosing my position to you on Intel now so you know I'm not
I'm putting my money where my mouth is unlike you cheerleader.