Click the "max" link from the above link and you'll also see that the S&P roughly outperformed the Buy/Write strategy up until 2008. At best, it's inconclusive....
One never knows what they're capable of until they're faced with the brink of bankruptcy. This is especially true if that person has always been a success throughout their life up until the point of business failure.
what's stopping you from buying the stock higher if it's called away....so long as you keep the profits in the account you can make a memo of your original position (less taxes of course) and rinse and repeat......
which brings up a good point..in many of the fraud cases the outside auditor is in the pocket of the auditee (aah humm..inactive cpa here)...
a good start would be to check who the outside auditor is for a particular firm and start there....
"Bubba's CPA Firm" for a large broker would peak...
The larger question is:
Who else may be embezzling customer funds?
I'm now convinced that there may be more firms in the same predicament.
What other firms are sending out red flags similar to PFG and MF Global?
let's start this discussion....
taking your life in a situation like this IS the honorable thing to do.
But if you're going to do it then it must be done proper....with a sword to the stomach
Seppuku baby....
yeah he's a successful trader....
that's why he's hawking an ebook for $197
retail traders searching for the holy grail in an ebook....priceless...
the entire website reads like a salespage...I know because I helped a friend setup a few sales letters...gave him my $5K copywriter and...