Discussion in 'Options' started by stock777, Jan 16, 2004.
Anyone think the guy that turned 10k into 600-700k was legit?
Tell the whole story.
Keep your mouth shut and enjoy.
With that kind of money he can buy some legit.
i guarantee you the law will be talking to that guy and it wont be fun.
Maybe it is also a good lesson never to (1) sell 5 cent lottery tickets and (2) cover short options at 4 cents whenever you get the chance.
I think they HAVE to sell them. Otherwise there would be no market. If they try to pump up the offer too much , then they have to move the bid up as well, so the MM's are stuck when insiders trade.
Wouldnt know if Market makers got stuck;
most are diversified, & have practical unlimited capital.
If that option buyer is a gardener for a ONE board member , might be a long cold winter.
If its Carl Ichan we vote the SEC rightly tells him ''good job'' & average that in with ;
oops a huge loss-TWA
Kodak, like Fortune mag-1/12/2004
Nabisco Group Holdings ...
this might be true for mm-groups, but not if they are locals.
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