Ridden Hard, Put Up Wet

4 replies [Last post]
troll's picture
Joined: 2004-11-29

That damn RIMM can make a guy's hair turn gray.
As you may remember I put the covered short sale down at a credit of +/- 227--thirty times--when the stock was under 200.
Fortunately I was lucky enough to buy back 700 of the shares in the premarket before the Fed announcement--that gave me some breathng room which I needed as I "piston traded" (Damn I love that phrase) both the shares and the puts for the rest of the day.
All together I traded 17,500 shares of the common in an effort to eliminate 2,300 shares short--scalping for 40 or 50 cents. 
The thirty calls were a bit easier because my wife took over---she has some sort of gift for watching the short term trading indicators.
We just figured it out--she didn't know what I had been doing.  We lost about $400 in the entire fiasco.  Sometimes my ideas don't work out so well--a $21,000 gain disappeared as easily as it materialized.
I trust Bernstein did better today.
Her invitation to dinner is going to be honored later this evening.
I want to go to http://www.bonesrestaurant.com/
She wants to go to http://www.seasons52.com/
Maybe we'll settle by getting a table a W and drinking ourselves into a stupor.

troll's picture
Joined: 2004-11-29

Ferris Bueller wrote:
DAtoo wrote:Maybe we'll settle by getting a table a W and drinking ourselves into a stupor.
Then fall asleep while the car runs and the garage door is shut.  A happy ending for all.

I love happy endings A lot. A whole lot.

troll's picture
Joined: 2004-11-29

pretzelhead wrote:There's a great place in Philly that guarantees a "Happy Ending"
For a couple of years I was in and out of Philly two or three times a months.
Stayed at The Rittenhouse, which is a nice place.
There was a restaurant nearby that I loved--Old Warsaw or Warsaw, something like that.
Is it still there?

pretzelhead's picture
Joined: 2007-03-23

I don't live there, I was just there for a conference. 

CAPM's picture
Joined: 2007-08-17

Guests wrote:
Do you even remember all the crap you post?

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