Wed, Mar 4, 2015, 2:34 PM EST - U.S. Markets close in 1 hr 26 mins

Recent

% | $
Quotes you view appear here for quick access.

WONDER AUTO TECH INC Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • connor.jin connor.jin Jan 7, 2011 2:25 PM Flag

    Do not ignore ecd.fan

    I bought shares, not options. Why? People buy options to limit their loss, by paying premium. I feel very comfortable holding the WATG shares. This company is too solid.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Do not ask me that stupid "buying option" question again. Weak people like you buy options. I buy shares with confidence: ER is coming, IPO is cming, management hold 43% of common shares.

      • 1 Reply to connor.jin
      • connor.jin: What are you going to do if I ask the question again?

        Let's say you had $50,000.

        You can buy 7,000 shares at $7.50 (14,000 shares on margin). If the stock goes to $15 by July (still severely undervalued, as management says the stock is worth at least $30 a share, or $1billion+), then you make $50,000 (or $100,000 if you bought on margin).

        However, if you buy 1,400 of the July calls with $12.5 strike (they cost $35 for a contract now), you will make $280,000 by July.


        If you think that WATG is undervalued and if you are not an imbecile, then you should have bought 1,400 July $12.5 calls today.

        You claim you have $500,000.

        Conclusion: You are either a liar or a nonbeliever or an imbecile, or all three. Pick one, two, or all three!

 
WATG
0.450.00(0.00%)Nov 15 2:29 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.