A long in Jcom

Discussion in 'Trading' started by heilbronner, Oct 28, 2003.

  1. I could once again take some nice profits in Jcom but this time I doubled my initial position. Bought twice as much @26.30. :)

    Let's see what happens.
     
    #31     Nov 25, 2003
  2. UUpps we are already @ 26.92, sorry.But it took some time to write this post and then I normally check the spelling. Two minutes can make a difference.
     
    #32     Nov 25, 2003
  3. Already @ 27.07. If I would be short Jcom I would run as fast as possible. Anyone short here on ET?
     
    #33     Nov 25, 2003
  4. Sold half of the position I bought @ 26.30 @ 27.38. Still long the other half additional position.

    And of course still long position @ 25.98.
     
    #34     Nov 25, 2003
  5. So this is a whopping realized additional 4.1% intraday gain.
     
    #35     Nov 25, 2003
  6. Short the puts ... uhhh, guess that makes me long. Not running anywhere thank you.:)
     
    #36     Nov 25, 2003

  7. I see some puts on my screens falling as much as 50-60%. Nice.
    :p
     
    #37     Nov 25, 2003
  8. I see a reversal and I smell a short squeeze.

    Short % of Float (as of 8-Oct-03): 37.06%. :p

    Last quote: $ 29.00.

    LOL.
     
    #38     Nov 26, 2003
  9. Just sold the other half of the position I bought @ 26.30 @ 28.68 with a gain of 9%.

    Still long initial position @25.98.
     
    #39     Dec 1, 2003
  10. To sum up there is a realized gain of

    14%
    + 4.1%
    + 9%%
    = 27.2%

    and an open position that is 10.5% in the green(at least so far).
     
    #40     Dec 1, 2003