Since you have never picked on me using this ID, I have no idea what you are talking about. You must be just one of the few people on this board, who claim to be many (WagNation) but are really just one or two meanaces to the real investors.
I am now finished with you.
What are you talking about? I didn't need to post anything.
My grapes are sweet as sugar, except for the ones that in in fine wine.
I have been in this stock longer than most people on this board are old.
I have been trying all kinds of covered call strategies to get out, but I just kept collecting premiums.
Earlier this year I decided to out out a few more periods and raise the strike.
Well, lookie here. With this mornings reports, someone wanted my stock really badly. I am out!
Net/net it was a good ride. Better places for my money today.
pamperroom ablind_umpire and a few more.
keep up with the idiocy. I will always come back to this board for comedic relief.
The simple explanation is someone bought some insurance on their portfolio realtively cheaply. The market maker will take the other side and collect the premium, I am sure not going to worry about the MM, they're covered.
Thanks Irun ... I take that as acknowledgement of the point of valuation. I truly like the way you use others' alias'.
Come on Irun ... a balance sheet term like shareholder equity is rarely a measure of a companies value, in fact I would think that in WAG's case some of their old real estate is undervalued and the shareholder equity is understated.
However, that has little to do with the stock price.
It never ceases to amaze me. Whenever I cruise back to this board there is always some interesting debate going on.
The latest reminds me of the old Broadway musical from the 60's or 70's "Purlie".
When the lead's boyfriend comes home from a poker game with no money, he brings his "provers" to prove that he really won. The first line of the song goes something like this
"he won, he won, he won, he won, that's what he done"
The tone of the board has definitely changed. The defenders of the once great company are a little hard to find.
Bananarun seems to have given up, Taivan has dissappeared, and there seem to be a lot of employees starting to give us honest opinions.
Sure I know some might be reincarnations of the same old bashers, but not most.
My personal take is that the Caremark fiasco will be resolved. I don't know if will be good or bad for each player, but it will be resolved.
Was that a serious question? Why do you own this stock? I don't expect everyone that owns Dow to have a PHD in chemistry, but understanding a little about ethylene is critical in understanding the earnings of this company.
Yes I am a liar as opposed to you. Thank for remembering every utterance of every person.
I never said that any post was childish. Your reading skills are slipping. It's one of the early signs of significant disease ... be careful.
I always wondered what the purpose (fun) is of having someone's ID pulled.
Your stated style was to put people on ignore, and that satisfied your needs.
The childish step of "reporting" feels so much like 3rd grade to me.
Farewell for now.
I will check in from time to time to see if there is any reason to participate. Keep slamming and pumping. I'm sure a lot of minds have been changed in the exchanges.
Money can be made in any market.
Covered calls are good only in a flat market. In a down market you get a small hedge, in an up market you lose the upside.
I use them as part of a strategy on higher volatility stocks where the premiums are more worthwhile
That's a really good summary of the history of DR. Thanks for posting it.
So the question now is will WAG use the lessons learned from DR as implied in the article or try to change DR into its own image.
If they go the later route, trying to change a chain that has changed many times under many managements, IMO it will be a disaster. If they use the lessons learned, and even apply them in urban stores, this may be a winner.
The price seems high given the prices paid by all the "smart money" over the years, but we'll see.