I've painted myself into a corner here. The short story is
that all the trading done under Xiayi's name has made a
profit of $2500. Unfortunately, although I have huge capital
losses ($9,000 just in PDP), Xiayi doesn't have any. I am
thus looking for a long-shot, e.g. PLP options at $2.50 to
expire this month, so that either she pisses the lot off or
makes a huge profit, which was simply meant to be.
What would you recommend? I'm after a 10-20% chance of making
10-5 times my money, or 90-80% chance of losing the lot.
IDEALLY what I would like is a share such that it will either
have a massive increase, which I DON'T need to sell (I have to
sell the options if they expire this month), or a massive
decrease, which I can sell this month (to PE).
Got something that fits that bill? What I'm after is the
world's most volatile stock. To be sold to PE when it makes
$2500 loss, or to be kept for years (or until I have another
capital loss to write it off against) if it makes a huge gain.
I thought buying my remaining quota of PRM at 3.3c was a good
idea. I sold it for 3.9c a week later. :-/ I think I need
to piss harder and faster.
Anyway, better send me out the option forms for Xiayi and while
you're at it, anything else that I need to sign so that we don't
need to go through all the signing yet again, later. I found
out that another thing you have to sign is something to authorize
payment to an account that doesn't have your name in it!
BFN. Paul.
@EOT:
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* Origin: X (3:711/934.9)
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