techy

How GM Plans to Muddle Through

i think he has started looking for a job....and just killing time by dishing out the usual positive talk.

the best i like is the difference between v8 silverado and V4 camry...is only $17/week.

15.6 mpg in city/highway -- silverado.--$53.84
27.62 mpg in city/highway -- Camry---$30.43

avg driving 30 miles/day, 210 miles/week. gas/gallon=$4

well not bad he is off only by $6 or 30%.

its $23/week. if we drive 30 miles/week. most americans drive 12k miles/year........the difference becomes $1337/year.

and what if gas goes to $5??

How I Plan to Trade My Depressed GM Stock

donald..

how hard is it to know that you are paying insurance to get a good night sleep.

dont you have a auto insurance or home insurance? yup those make those insurance companies rich if you dont have accident.

but i have news for you, in the past when my stocks tanked, puts were there to get my money back.

and if my stocks fly i still make 10-15% profit.

lets say i want to play a bounce game with GM, i know it is a very speculative play and it can go to zero or it can go to $20 in next six months.

i will simply buy multiples of 100 stocks, sell 12.5 strike calls of Jan 09, and buy $10 strike puts of jan 09.

if my hunch worked out and it went up i may make good profit.

if nothing happens i get my money back.

if it went down a lot, i lose $1.5 for every stock..

dont you agree its a safe way to play the current volatile market (what if you one morning find that asia has sold off by 15% and wall street is down 10%....does that remind you of anything :)

How I Plan to Trade My Depressed GM Stock

i am not an expert, but i have put some money in some dividend paying stocks. where i sell covered calls out of the money(keeping 10-15% profit).. and buy puts with the premium i got from the covered call...(10-15% loss).

and this guy was into GM who have 40 billion of negative balance sheet??

and this trading strategy made it to seeking alpha?? wow..