crox = $$$
it's always a good time when you are shorting a stock by buying puts, and the stock sheds over 30% of its value in a day. sold puts at 4.00, netting a 125% return in about 2 weeks. good times.
then today, i bought 200 of crox @ 45, sold at 49.5 later during the day. if crox hits 45 again, i think it will be another good time to get in again.
amgn sucks, the stock had pretty disappointing Q3 results, i think you should dump this stock if you can. i still own it because i have covered calls written on it, but the pipeline seems really weak right now.
airlines and the financial companies are not doing well right now. airlines just never seem to do well. stay away from both for the time being.
on another note, i'm trying to start an investment fund. i am looking for 9 other investors, which would make a total of 10 including myself... 10,000 buy in each, for a total of 100Gs.
50% for high dividend paying stocks, 25% for high growth stocks, 15% for foreign investments, and 10% for high speculative plays.. options, etc.
let me know if you want in. i would like to gather up investors by year's end, start in jan 2008.
Friday, November 2, 2007
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