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Monday, February 11, 2008

2008Feb12

DRYS
Earnings Release: Thursday, February 14, 2008 After 4:00 P.M. EST

Some bascic differences between playing options (PUTS) versus shorting stocks.

PUTS - limited time, time decay, and limited loss.

SHORTS - unlimited time and unlimited loss.

The art of lowballing. Some times you will miss the run up. Other times you will get a very good price.



If you check the price, you will see I overpaid even with the lowballed price.

Take advantage of the turmoil, identify the sector you want to be in, invest for the long term.