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hi,
i bought some cpq today at 75........and i still think it's good,,,,,,,i am
going to check out the 75 nov calls tomorrow...............
good trading
rich t
jdfo wrote:
> Scott Cooper wrote:
> >
> > I need some help. I own some cpq stock and also bought some oct 75
> > options. After yesterday $+3.625 to 77.25 I felt pretty good when I
> > heard this A.M. that they beat earning expected which is usually good
> > for a point or two and thenit was going to split and increase its
> > dividen. this sounded like my Oct. $ 75 option was going to be worth
> > money. The stock is now down over 2 points What happen? What did I
> > miss? scooper
>
> What went wrong is that you forgot the old adage of "buy on rumor"
> .."sell on fact" . This is true 90% of the time. Also, your options
> were most likely over-valued when you purchased them, regardless of the
> facts.
> We all live and learn.
> regards,
> jdfo
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