Jim Rogers: Citigroup is a buy at $5

[boost123]

Quote from FullyArticulate:

Are they buying or selling these calls? Did they also trade stock at the same time? Did the price of the option move when they traded the calls (in other words, did they pound the bid?)

Huge volume means nothing in these large caps. You simply don't know what the position was.

Let's say these "pros" bought 20k calls and shorted 2M shares of stock. I'd say that's a pretty good bearish position.

Hello Fully,

It seems that you also have been brain washed by your long 2 yrs stay on this forum mixing with these so called derivatives experts.

If the experts BIAS is bearish they DONT BUY 20K worth of CALLS!!

If they are bearish they would buy PUTS with their short 2M shares.

The strategy you mentioned is foolish if you just stop and think about for a little while!

If the stock moves down he gains from being short on stock BUT, a BIG chunk of that gain would be lost or waisted on his 20,000 contracts on long/bought CALLS!!

If the stock goes UP he would make a gain from the long bought CALLS BUT, a BIG chunk of that gain would be lost on his SHORT 2M shares!!

Whats so GOOD about this trade? Why did you say its a pretty good bearish position?? Theres NOTHING good or pretty about it!!

Why dont you gentlemen think with your GOD given brain before you post on here!?
Is it the NORM here at Elite that most guys make ass's of themselves

Rgrds

Sir Muppet

 

[Bogan7]

Quote from boost123:

Hello Fully,

Why dont you gentlemen think with your GOD given brain before you post on here!?
Is it the NORM here at Elite that most guys make ass's of them selves

Rgrds

Sir Muppet

Fully A is a known poster of good insight you are a new poster playing the role of muppet nuff said really.

 

[Bogan7]

Quote from Landis82:

Ever notice how when interviewed on CNBC, Jim Rogers NEVER HAS A LOSING TRADE?

He's been long commodities for years, and short financials . . . blah, blah, blah.

In my humble opinion, that's because he is simply a self-promoter ( enjoys being in the limelight on TV and in the media ), is full of hot "air", and never trades . . . My guess is that he took his cut from the Quantum Fund nearly 25 years ago and put it in muni-bonds.

End of story.

I dont know about that he just sold his house in NYC for 12.5 mill after buying it in 1977 for 125k. Yeah the bloke is obviously stupid???

 

[boost123]

Quote from Bogan7:

Fully A is a known poster of good insight you are a new poster playing the role of muppet nuff said really.

Because i'm new here it makes me a muppet is that your logic Mr Bogie?

What if Mr Buffett or Sorros joined here tomorrow would that make them muppets too??

Where are the real gentlemen or pros at elite?? have they all gone elsewhere??

Bogie, do you trade the markets or are you here to insults new members and want to show off your muscles??

Where can i see your trades for 2007?? Do you posts your trades on here??

No insulting reply please Mr Bogie as I'm sure they have guidelines and rules here. Or do they have different rules for newbies??

Rgrds
Sir Muppet

 

[jd7419]

Quote from boost123:

Hello Fully,

It seems that you also have been brain washed by your long 2 yrs stay on this forum mixing with these so called derivatives experts.

If the experts BIAS is bearish they DONT BUY 20K worth of CALLS!!

If they are bearish they would buy PUTS with their short 2M shares.

The strategy you mentioned is foolish if you just stop and think about for a little while!

If the stock moves down he gains from being short on stock BUT, a BIG chunk of that gain would be lost or waisted on his 20,000 contracts on long/bought CALLS!!





If the stock goes UP he would make a gain from the long bought CALLS BUT, a BIG chunk of that gain would be lost on his SHORT 2M shares!!

Whats so GOOD about this trade? Why did you say its a pretty good bearish position?? Theres NOTHING good or pretty about it!!

Why dont you gentlemen think with your GOD given brain before you post on here!?
Is it the NORM here at Elite that most guys make ass's of themselves

Rgrds

Sir Muppet

 

[boost123]

jd7419.

It seems you too have waisted 2 yrs mixing with Mr Bogie and company.

Where can i see your trades and Bogies trades for 2007? I want to see if your have put some meat on your posts/trades or are you guys just paper traders for many yrs trying to impress the members at elite!?

Have you called me a muppet yet like the others have??

Happy new year Sir!


Regards
Sir Muppet

 

[boost123]

Quote from Bogan7:

I dont know about that he just sold his house in NYC for 12.5 mill after buying it in 1977 for 125k. Yeah the bloke is obviously stupid???

If you sell trading books and do seminars every year you can make good money.
Jim also made his money with Georges fund and got paid good bonuses.

Do you think Jim is buying CALLS or PUTS on Citi??
Or writing options on Citi?

 

[Bogan7]

Quote from boost123:

If you sell trading books and do seminars every year you can make good money.
Jim also made his money with Georges fund and got paid good bonuses.

Do you think Jim is buying CALLS or PUTS on Citi??
Or writing options on Citi?

The guy states he is SHORT Citi so I really dont think he is long calls around the current share price but then what would I know you muppet

 

[boost123]

Quote from Bogan7:

Fully A is a known poster of good insight you are a new poster playing the role of muppet nuff said really.

Bogan.

Where can your trades for 2007 be found??

Please show us what you did in 2007 and how good you are at trading the mrkts.

Please dont be shy now.

Rgds
Mr Muppet

 

[Bogan7]

Quote from boost123:

Bogan.

Where can your trades for 2007 be found??

Please show us what you did in 2007 and how good you are at trading the mrkts.

Please dont be shy now.

Rgds
Mr Muppet

Send me a PM and we can talk