tryin to buy an nsx

Quote from Sanjuro:

That was a risky move with call options right before earnings.

July 18, 2005...............5,000.00
August 1, 2005............1,000.00 <--- used honda civic
September 1, 2005......500.00 <--- year supply of bus passes
More...

THIS WAS SO HILARIOUS I PISSED IN MY PANTS LAUGHING :(
 
I've made some additions to the timeline. All in on options .....earnings day! Yikes!. I guess most people only learn the hard way myself included.

ozzzzzzzz

P.S I did not read this thread at all today. People reading this should have warned him or at least said something.

Quote from Sanjuro:

That was a risky move with call options right before earnings.

July 18, 2005...............5,000.00
August 1, 2005............1,000.00 <--- used honda civic
September 1, 2005......500.00 <--- year supply of bus passes
October 1, 2005 .............20.00 <---- Shirt
October 3, 2005 ...............5.00 <----- Underwear
More...
 
keyser,
don't worry, that happens

remember next time, during earnings day, if you don't have a profit cushion you ain't ready for a pushin in either direction.

And an up day right before earnings, would be a sign to stay away, 15 million who bought in today can't all be right can they..
 
still got about 200 cash plus remaining value of yahoo calls (I'm gonna guess they'll be around 500). Still possible to climb out of this hole (although to do so quickly will entail more similar gambles)...

This thread was about trading my way to an nsx or going bust, and I'm gonna keep goin till one or the other happens...

If i do go bust i'll probably end my short stint at trading/speculating and go back to the long term (6+ month) investment approach that i'm a bit more experienced in...

BTW to follow up on yhoo, i think in a couple weeks (once analysts lower earnings/revenue estimates for this year, and everyone is finished selling), it may be a priced at a bargain (since yhoo guidance for next year is in line with current analyst estimates).
 
Wait, you just went form 5k to $700 in a matter of a couple days? And you were trying to grow this money into a rice rocket?

Wow. Hope your luck turns around in about 5 minutes. Shuld have traded 10 years or something where you can make decent money off of easy trends for a little while to work your way up slowly but surely.


Quote from keyser1:

still got about 200 cash plus remaining value of yahoo calls (I'm gonna guess they'll be around 500). Still possible to climb out of this hole (although to do so quickly will entail more similar gambles)...

This thread was about trading my way to an nsx or going bust, and I'm gonna keep goin till one or the other happens...

BTW if i do go bust i'll probably end my short stint at trading/speculating and go back to the long term (6+ month) investment approach that i'm a bit more experienced in...

BTW to follow up on yhoo, i think in a couple weeks (once analysts lower earnings/revenue estimates for this year, and everyone is finished selling), it may be a priced at a bargain (since yhoo guidance for next year is in line with current analyst estimates).
More...
 
it must be a really used honda civic.

its more like a used ford escort

Quote from Sanjuro:

That was a risky move with call options right before earnings.

July 18, 2005...............5,000.00
August 1, 2005............1,000.00 <--- used honda civic
September 1, 2005......500.00 <--- year supply of bus passes
More...
 
Ouch.

2 Days... 4.3k lost (86% drawdown)... sounds like a decent trip to Vegas.

At least Vegas would have included strippers :) and booze.

Mike
 
down but not out...

I'm gonna hold the yhoo options until theres an up day.

Another transaction --

Bought 40 shares of QQQQ AUG 37 puts at 5 cents each (total cost 210.95). looking to sell at the ask of 10 cents. I might have to nickel & dime my way up.

When I get time I'll start an special inquiry into the yahoo trade fiasco and post the results of the panel.
 
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