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Richmont Mines Inc. Message Board

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  • insect_insight insect_insight Oct 15, 2012 10:56 AM Flag

    Dropping like a rock, heading for new 52 week lows


    Tried to warn the amateur suckers that the only way you can make profits in bear penny junk like RIC is via stock shorts....buying in the money PUTS....and WRITING out of the money calls, which can be done on a naked basis today, since there is effectively no chance in hell you would have to deliver the actual stock. The preceding strategy is the ONLY way to make sustainable profits in BEAR trash like RIC.

    Until you learn this lesson from your intellectual superiors like me, then you will continue to hand over all your long $$$$ to smarter shorts, period.

    This topic is deleted.
8.39-0.02(-0.24%)Aug 31 4:02 PMEDT