[at-l] Ford

[rcli4 at comcast.net]

I believe in the American worker.  I'll take that risk.  A lot of my relatives work at GM and Chrysler.  Makes Ford a good bet :>))

Clyde

----- Original Message -----

From: Tom McGinnis 

To: at-l at backcountry.net, rcli4 at comcast.net

Sent: Tue, 14 Apr 2009 15:21:07 +0000 (UTC)

Subject: Re: [at-l] Ford





--- On Mon, 4/13/09, rcli4 at comcast.net wrote:



> Ford at $4.26 today,  I'm gettin there.

> Clyde



### Your gamble is paying off, Clyde! Sheesh! Like a freakin' lottery ticket! Now see, if you'd gone the options route, you'd be looking being called out of your April $3.00 contracts (4 of 'em) and pocketing the $3-1.8 purchase profit, plus the option premium itself (wuz it 25¢), for a rough, $1.45 total. But instead, you went the long odds route, and are looking at $4.27- $1.80 = $2.47 -- a hefty payoff for the risk you took.



Now, should you decide you reduce that risk some, May $5 calls are running 22¢, and similar Junes are running 46¢ ☼►◄↕‼♪♫♀♀♫♂◙♂


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