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10,373 Posts.
4
22/05/02
10:51
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Arthur,
Maybe RR and CPU will explain it a little better -
. Buy some $2.50 puts for 32.5c quote "last week" unquote
. but market does nothing - if anything CPU is looking a little stronger
. so announce in your highly priced "newsletter" what you have done, but make no recommendation.
. wait for the lemmings to read of your actions and jump on board.
. whammo lemmings take the bait and push CPU down 24c for you.
. While the lemmings are running over the cliff one could be in the market buying back the puts for a nice little profit.
Nice little scenario/earner - wonder if it has ever been done???????????
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