Soldato
- Joined
- 13 Jul 2004
- Posts
- 20,341
- Location
- Stanley Hotel, Colorado
I have a relative who bought Barc about 70 and my rough advice was to allow layered options to be written on the shares above 300. They would retain ownership so long as the share stayed in the 300's but could earn some money from holding so much at the top while agreeing to forgo all gains 400 or higher. Instead I think they just had a plain hold and kept until maybe near 200 range. They worked for the bank, I dont think people can easily do this normally or own enough but literally they had poured like housing deposit type levels into one share because of over confidence of happening to work for that Bank. These options are ways of laying off risk while staying in the share, shorting itself is not a negative but naked shorting is probably wrong.
QPP inflated revenue I think was the problem, I watched a video on Crispy creme stock and how they had gone through extremes from not the best accounting (but it looked good at the time for that CEO)
QPP inflated revenue I think was the problem, I watched a video on Crispy creme stock and how they had gone through extremes from not the best accounting (but it looked good at the time for that CEO)