Wednesday, March 16, 2011

GMCR

OK, in the short run I was wrong. Once again, I underestimated the craziness of speculators and the ability of markets to stay irrational for long periods of time.

http://www.rttnews.com/ArticleView.aspx?Id=1573163

However, this brings their PE to 78.1. Yeah, I am sure that is sustainable.

I am buying more puts, just with expiration's further out.

No comments: