Seeking Alpha
  • FortSumter
    NAV Sold my Jun 16th $15.00 put for 32% gain in 5 days. Had been down 88% 10 minutes earlier. Gotta love limit orders.
    6/12/12
    Reply (10)
    • Maria Auziliadora: doing good with those puts!!!
      6/12/12
    • FortSumter: Funny you say that. If I had held for another 30 minutes I would have doubled my money. But when looking at -80% to +32%, you gotta do it.
      6/12/12
    • Maria Auziliadora: Probably Icahn will buy more
      6/12/12
    • Maria Auziliadora: do not blame you I know Icahn will do whatever it takes though because he is losing big money and money talks!!!
      6/12/12
    • Maria Auziliadora: I see it as a takeover target
      6/12/12
    • Maria Auziliadora: People buying calls now on this one
      6/12/12
    • Ocean Man: 2 for 2 - good start!
      6/12/12
    • FortSumter: Well, not all is wine and roses. Bought puts on JIVE for LU expiration. Getting my ass handed to me. 2 for 3 = break even at this point.
      6/12/12
    • FortSumter: I like your short of LZB though. May join you.
      6/12/12
    • Maria Auziliadora: JIVE looked tricky Fort you should have shorted ZNGA!!!
      6/12/12