Recent content by Wet

I'm curious. Say I buy a long term call contract on ENE, and then Dynergy buys Enron. What happens to my call contract on ENE, since it no longer exists as a separate entity?

The suggestion to make a "broker" section on ET seems to fix the problem to me. I wonder whether ET "looking like an IB site" is really the problem, however. Seems like Baron wants some bucks in his pocket. Personally, I think Def posting here adds great value to the site, and attracts more...

All you Options Experts (def, zboy, others), I'm confused about some aspects of options pricing. Here's what I am confused about, using AMD as an example. Current price on AMD as I write is 9.70. The Jan 2002 10 calls (OTM) have a bid/ask of 1.75/2.00. As always, let's just assume the ask...

Nick, The funny thing is that Ovid's and Voltaire's comment could be true and STILL it be true that there's a god. One (Voltaire/Ovid's comment) is a statement about human psychology and the other (the fact that there's a god, if there is one) is a statement about the world itself. Since...

Micheal (MGB): First, I think you may have missed my earlier point. You are right to claim that the dollar argument is a sorites, but then you go and use one yourself regarding the current situation. What I claimed earlier was that sorites arguments are NOT valid arguments. They are invalid...

Bucky, I am not religious. I am agnostic. I have no idea if there is a God. But I do not think that to be religious means you are stupid. Your arguments like "who created the creator" are pretty silly and simple minded. If there is a creator, then the creator is uncreated, and encompasses...

Yup. You're living proof of that one! Would I say that my ethics or character is superior to yours? Are you kidding? I wouldn't jack up the price of water to people burning in a fire, you admitted you would. That makes you a lowlife. By the way if you really think good and evil is a...

The Hitman Logic: "nothing is 100% right, nothing is 100% wrong, thus nothing is right or wrong". Uh..maybe you should go back and read the previous posts where this fallacy is uncovered for what it is. Or at least take a basic course in argumentation at Baruch or wherever you've registered for...

dkamp I don't think stockoptionist's arguments have anything at all to do with your (1) or (2). dozu? close the thread? what for? Wet

Stockoptionist: Thanks for explaining what a "sorites" argument is. I just didn't have the patience. Wet

By the way, MGB, your "argument" -- while I'm sure 90% of the posters here are in "yes man" type agreement -- is pretty bad and ineffective. It's called in philosophy a 'sorites' argument. And sorites arguments are invalid, though they LOOK persuasive to the naive. I don't even feel like...

The rationalizations on this thread are simply amazing. I don't care whether bin Laden has short interest in any stocks. That's not my argument. I simply said that for YOU to attempt to "cash in" on this tragedy is a disgrace. Period. It is a side point whether bin Laden or his associates...

Nico, My argument has absolutely nothing to do with a desire to alter the market's direction, or a belief that it could. It simply has to do with the fact that it is unethical to knowingly place yourself in a situation to profit from tragedy, regardless of the lame excuses for it you will...