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Electronic Arts Inc. (ERTS) Message Board

  • akurablue akurablue Mar 10, 2008 3:15 PM Flag

    I'm out

    @#$%&@#$^ ERTS!!!!

    Just before the TTWO announcement, ERTS was around 49. I bought in and in and in as it went slowly down, settling with a huge options position in Mar, Apr, and June.

    Now after today taking around $10,000 loss on this POS, I'm done. I can't take the pain and anguish and the heart trouble any more.

    10 Mar 40 calls @ $8.23, sold at $5.10.
    100 shares @49.12, sold at $45.03.
    23 Apr 50 calls @ $2.23, still have these, lost so much on them already it seems silly to sell.
    9 June 55 calls, $1.55? dumped at $0.60.

    Fine. Laugh at me if you like. You can say these positions were stupid--really easy to do in hindsight. They seemed like stable buys at the time. Didn't expect TTWO to be such greedy arrogant bastards and ERTS to be so fn stubborn about getting them anyway.

    I was waiting and waiting and waiting for ERTS to finally give up on these turds, but no. Nope, all my faith in ERTS just caused me endless pain. BTW, a $10K loss is half of my entire account developed over the years. THANKS A FN@#$%@#$%@#$ LOT ERTS!@!!!

    Maybe ERTS will finally bail after tomorrow, but their consistent lack of news just burns me. Somebody knows something, but not the little people! Oh no! Not us, your valued stockholders! Of course it would just be my luck to have things recover one day later, but you know, you can only take losing 1 to 2 GRAND EVERY DAY FOR SO LONG!!!


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