RE:RE:RE:RE:RE:It all starts with GerryI know you do . you have made it abundantly clear all the way up from $ 6 to 20. . Thank you! it madees it cheaper for the rest of us to get some great returns. for a trader you are really stubbornly irrational.
with Buffet in, the existential crisis is over.
you missed out on an amazing trade- from $ 5 to 20 in six weeks.
Im out for now except for a couple of Oct and Dec options.
The company is not worth zero. you are using your common sense.
its not worth $ 30 either today. But the company can get back to doing business and stop putting out forest fires. for sure Q2 will be poor and maybe now Q3- as the LOC willl still be in use in Q3. there's definitely uncertaintity about is BV. But the thesis that the mortgage book was worth zero is just foolish. Buffet's entry should help you figure that out.
if the wealthiest guy in the world is putting his money where his mouth is , why do you stick to strongly to your guns. I