05-17-2012, 08:10 AM
Vanraw Wrote:I thought you made a killing on POT last year??POT? No. I did very well at the start of the year, but then made the mistake of buying more calls spreads later on. If you look at the 2 year chart, it shot up like a rocket at the start of the year, but then slowly declined through the rest of the year.
http://finance.yahoo.com/echarts?s=POT+I...undefined;
I posted about my "probably worthless" POT (and SLV, HAS, and FCX) spreads last year in the "Options strategies - call spreads". And as I posted in the "Five stocks for 2011" thread:
Quote:Wow, my picks for this year really sucked. Actually Apple (up around 25% right now) and SBUX (up around 40% did great), but C lost about 40%, RSX lost around 25%, and POT is down about 10%. I didn't hold onto C past January, but RSX and POT definitely burned me. I still own both, though.
It was really almost all Apple that drove my gains last year. You might be thinking of my POT position in our old Stock Market PVP game - I really should update that!
Ex SWG, L2, CoH, Wow, and War
Currently PvPing in the stock market
Currently PvPing in the stock market
