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Yellow Media Inc T.YLO



TSX:YLO - Post by User

Yellow Media Inc
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Post by binzer55on Jul 19, 2011 9:44pm
343 Views
Post# 18849835

The Smart Play

The Smart PlayThe only real smart way to play this disaster is to use gambling money.
I have loaded up on calls, and now have exposure to the upside on 50,000 shares.
Yes, I could lose my entire investment, but I only used gambling money.
But, if the Trader deal closes, the share price should take a nice pop, and those calls could double or triple in value in a heartbeat.
If I had bought shares, I would have 8 times the money at risk, and there is no way I would do that.
Sure beats doubling down, and repeating that mistake over and over. And it beats BioBully's "genius" play of buying a hundred shares and covering his "fortune" with calls.
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Dealroom for high-potential pre-IPO opportunities
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