Matt - thoughts on LINE?

    Posted by frtaylor on 21st of Dec 2010 at 12:58 pm

    Matt (or others), I still own LINE, and it's having a good day today, almost back to break even. Would you please comment on the chart if you have time to look at it? Thanks.

    Did you own LINE in

    Posted by tom on 21st of Dec 2010 at 01:09 pm

    Did you own LINE in November for the Dividend (Just wondering if you factor that in when analyzing your cost)?  Next one should be around another $0.67 in February.

    I got it as a

    Posted by frtaylor on 21st of Dec 2010 at 01:14 pm

    I got it as a BPT trade idea in early Dec. (Have bought it before, too. Should have held from those March lows!) Then a day or two after the b/o they announced a stock offering.  I've had enough experience w/ those to know there'd be a quick dropoff and then a recovery. I added to my position on the drop and sold some when it filled the gap then waited to see what it'd do after that. I went ahead and sold on Matt's advice. (thanks Matt!)

    LIne

    Posted by zach06 on 21st of Dec 2010 at 01:51 pm

    If you like LINE for the Dividend.... buy in the money call options  and exercise them the day before the dividend.    Don't tie up all your money.

    that's a great idea!

    Posted by frtaylor on 21st of Dec 2010 at 02:07 pm

    that's a great idea!

    It's not too bad, but

    Posted by matt on 21st of Dec 2010 at 01:03 pm

    It's not too bad, but I like a lot others better, maybe chuck it out and focus on ones with better patterns

    Okay.  Anything you're especially watching

    Posted by frtaylor on 21st of Dec 2010 at 01:06 pm

    Okay.  Anything you're especially watching right now? I have lots of alarms set for BPT trades, but not sure which are the better setups. Thanks!

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!