A long in Jcom

Trade done!!!!

Just sold all the rest of Jcom @ 29.08 with a gain of 12%.

So in all there is now a profit in Jcom of around 39% in a relatively short time.

This will be the last trade posted on ET.

Good luck to everybody.

 

Is there anybody still long?

 

Bailing on some short Dec. puts ...oh well.

Maybe I'll go long the last two weeks of December if the stars align just right ...

 

Hope, you are fine, BlueHorseshoe, as expiration is coming.

I did the following:

2003-12-15, 15:54:21 JCOM JAN04 25 C PHLX 10 1.0500 -1,050.00 -10.00 -852.92 -8.12 O

2003-12-15, 15:56:31 JCOM JAN04 22.5 C AMEX 5 2.0000 -1,000.00 -5.00 -812.30 -4.06 O


Now I'm up about 70-80% within 3 days. Unfortunately, I only did it with a small amount.

Keep on going.

 

Haven't looked at JCOM in several weeks. Bought today at $22.55 and sold some Feb. $22.5 puts.

This will be a swing trade ... contemplating my exit strategy this weekend.

Low PE, high short interest, selling off on nonsense - my kind of stock.

 

You've got a private message.

 

Well done.