I like a post that shows detail, I hope it goes well. Only thing is, who are you trading with, $20 is alot of money for a simple trade in 2007. I would at least suggest scottrade at 7 bucks.
Nah, that was just a dummy play in a demo account. I am not playing it with my real money funds. I am thinking about buying more DXD as I anticipate downside in the coming months. I'm currently losing on my bearish strategy. I use ameritrade fwiw.
Is it even possible for them to do bad? The analysts lowered the bar so low (.11c), they'd have to do worse than they did over 9 quarters ago to be below that. The only thing I can picture being bad is the market reaction. Anything worse than .11c would be unbelievably bad.
THATS WHAT ALL THE COMPANIES ARE DOING, They are lowering estimates so low that when they do release earnings, even a penny better, things look great. INTC just announced, they missed their Revenue forecaset yet the stock is trading higher.
YHOO in at .10 cents and down a couple bucks in after hours. I swear, those guys are chronic fuckups.
My strategy would give you $1 per pair no matter where is the price between $30 and $32.5 You would start to lose below $29 and above $33.5.