BOUGHT 10000 SHARES OF FAZ TODAY WITH MY MORTGAGE EQUITY
No stop set, waiting to be a very rich man in 30 days. If not i will just filed for bankruptcy like most americans and uncle sam will pay for it. This will be the biggest bet in my life. My avg price at 23. I will wait for faz to 60. I don't have wife and kids, i am 30 years old and willing to take risk. This will be a once a lifetime chance to be a millionaire. If my bet is wrong, the us government will bail me out with forclosure protection. I am still unemployed after 2 years of searching for jobs. I don't know much about stocks, but i do know the economy is not getting better.
Dude, if FAS goes to $60 you would only make $370K no where near a million dollars. I like your spunk, if I wasn't married with kids and young like you I would do the same. This country is messed up right now.
Hey, Why don't you just short FAS and use the decay in your favor? I'm shorting FAS via a PUT. If you buy it far out in advance, your PUT will decay in correspondence to the stock therefore, your more than likely to make money when the market takes a turn. I'm sure your absolutely full of it though!