First and formost a successful surgery and speedy recovery.Fall In Chicago Is my favorite season and we can revisit Idea when you choose.Cheers.
As you now know the 12th of August Is referred to as " The glorious 12 th " as It Is the opening of Grouse season.Both my parents were 100% Scottish and I lived In England for 2years In my teens.I am expecting this coming August 12 th to be " Perfect storm ". Either management screws the IMOS shareholders or we get paid.Either way I will propose a celebration or Bitchfest.Up to Caff and Jarret.As I have said before I will pay for their airfare to Chicago If they can determine a mutually agreeable date.Please consider the following dates Aug 15,16,17--Aug19,30,31 or Sep 5,6,7.If Caff and Jaret can communicate and find a date that Is mutually agreeable I will host a cocktail party Friday and dinner party Saturday for all long time holders.If he Is agreeable Marnis would be the " referee " for who Is Invited as he knows all the players and was In Vegas.
I would like to show my appreciation for all you have done.If these dates do not work I will understand but If you could let me know by end Of week so all concerned can make travel arrangements that would be great.Cheers
Hope we are both right about the Sep 25 puts.Trivia question for the board.What Is August 12 called In Scotland and why ?
Good ridence.Please never bring your WHINING #$%$ back to this board.Every dollar up In the near future I will say a prayer you do not commit " Hari Kari " as we rally.Cheers
A large Institutional Investor In IMOS has been liquidating their position.Thats the bad news but the good news Is It was because they lost a large account and they were forced to sell.I wonder how many of those shares Oasis picked up ? Human nature- 10 % on your Investment In less then a month.Thats what vultures do.Cheers.
Timing IS everything.Somebody knows something.3 days to go and 1000 July 25 calls we're bought today.Coincedence ??.I think not.Tomorrow will tell.Cheers.
Curious why you call Himx " falling Knife ". When It broke below 6 and numerous downgrades that might have been accurate.A serious base has been established around the 6 dollar level.I have on a " Texas hedge " .Long stock, long calls, and short puts.I only pray Google does NOT up their Investment as I will triple my Investment If we drop below 5.50.Cheers.
Easy big fella !! You are being drawn Into an argument with an " Idriot ". Did I get that right Marnis ? Just remember the old saying " A fool and his money are soon parted ". Did like your post on the way/differences Caff and I look at things. Remember " Forest for the trees ".Cheers
Appreciate the response and agree with all you said with one exception.I am a big boy and accept my losses as my own.What I will never understand Is a management that Is willing ( hopefully ) to buy my shares for $ 30 to 32 but will not have a buyback in place to buy $ 25 dollar shares.You can walk and chew gum at the same time.Cheers.
I guess It's time to respond to your comments.You seem to think my comments are all tied to my option positions.Fyi I complained about not making 30,000 on my long call positioned last expiration.What I did not mention was I made triple that being short puts.This management has blown so many opportunities to buyback shares It's mindboggling.We should NEVER have gone under 25 again because we SHOULD have had a buyback In place.I do not dwell on the past but as a student Of history you cannot Ignore the past when looking to the future.I respect your complete trust In management please respect my skepticism due to my " Actions speak louder then words " philosophy.Nobody wants the end game more then I as the macro always scares me.We will all do well for one reason - 60% ownership of 8150.Good luck to the longs.Cheers
I want to make a point about being " fair " to 8150 shareholders.They have all made at least double and some triple their money on the cheap shares they bought from us with about ZERO risk.We gave up a significant ownership position In 8150 and that money should have already been given to us In a divy already.I agree with Liz about concerns with a 20 or 30 day moving average as they can clearly manipulate the price In Taiwan In order to buy our shares on the cheap.Bottom line Is we own 60% and DO NOT have to sell.Let the dividends continue to grow In Bermuda till we get what we want and for that's north of $ 32.00.Im hoping Seth told them the same.Happy 4th to all.Cheers
I completely agree with both your points.That money In Bermuda should already have been given to the IMOS shareholders and THEN start the collapse discussion.Also the blatant way the price of 8150 Is being pegged In this range bothers me.
First, Bob gave you great advice.I recently was In a similar situation with IMOS.Long 300 June 25 calls and had a dollar profit.Kept hesitating about selling shares V.S. Selling call position.Calls went out worthless-can you say " bonehead ".As we all know this stock never ceases to surprise.Plus side I was short a lot of puts.Just sell out the higher strike for profit or sell 27/28 strikes so time erosion Is hedged.Since I know you have a large core position This Is how I would play It.Cheers.
What a nice and enviable problem to have ! First rule Is never buy options with 1 to 3 weeks left to expiration.Thats when they smoke the time premium.If you feel extremely confident we are going to $ 40.00 by January you have 2 options.Do nothing and risk the macro biting you In the #$%$.Second Is to sell the Jan 37 calls for over $ 2.00 or the Jan 38's for around $ 1.75.In both cases If you get called you have effectively sold your stock for over $ 39 dollars.Either way you have lowered the cost of your leaps by around $ 2.00.Win-win and offset any time premium decay of leaps.If stock closes around or just below your strikes you are a god.Hope that Is helpfull.Cheers
Kept 8150 at exact same closing price 3 day's In a row.Im guessing so they don't have to pay more for IMOS stock.Letting It fly today as up $ 1.50 on double normal volume.Should be an Interesting day as long as Macro-situation does not bite us In the #$%$Good luck to the longs.Cheers.