Greg
I bought the calls at an average price of $6, they’re at about $9-11 now.
Anyway, tomorrow I’m buying calls on MTW and AOB. CEDC is still the way to go if you’re going to choose one I think. If you’re playing GHII put a limit buy order in at $0.11 or less and pray you catch it soon, cause their CFO is going to go promote them at some banquet where a bunch of small companies go.
Making rules you refuse to deviate from eliminates opportunities that come once a lifetime. That said, I broke rules these last three months that cost me a lot of money — oh well.
Historically, the market goes up in oct/nov/dec of election year. I have no idea what will happen. I just play odds and buy stocks that are cheap relative to the market. Also, I think that by January 2010 — I hope to be out of the woods as far as the ‘recession’ goes.
Glen
From: tubertini
Sent: Tuesday, November 04, 2008 7:38 PM
To: Bradford, Glen Richard
Subject: Re: one stock
Unfortunately, options is not an area where I have a lot of knowledge. However, I plan on purchasing shares of GHII sometime this week. I wanted to do a little more research and also wait and see the reaction after the election although I may risk a significant move up.
I see that you bought the Jan 2010 calls of CEDC at $30. What price are they at now? Also, the market has moved up significantly over the past few days. What are your thoughts on what may happen through the rest of the year. I was actually hoping for a pull back so that I can pick up some of the stocks I have been looking at for a lower price.
In addition, the one thing I struggle with is adhering to a set of metrics to make my investment decisions. Do you have a specific set of metrics that you rely on and do not deviate from? Do you use some type of spread sheet to perform your analysis on.
Sorry for all the questions seeing that you are the one that was emailing me the question to begin with.
Thanks.
Greg T