Michael D. Wrote:
-------------------------------------------------------
> Sonic,
>
> $6100/$600 is a good deal. Esky is trading at 12-1
> (or was earlier in the week). MJ could have bought
> it right back in the market and made money.
Got it, I didn\'t think in terms of selling and re-buying as a way to judge whether it was a good move to sell, that is a more than fair way to judge the sale.
Even though I didn\'t think selling was a good move, I don\'t think I would have bought for $600, I concluded I would have bought for $400, so it seems my instincts matched the \"current line\"
I originally looked at it as I would buy as much as I could afford at 60-1 and would love to be holding that $200 ticket.
IMHO, if Esky comes close to repeating his last effort, someone is really going to have to step up to beat him, and I don\'t see anyone capable of doing so, at this point..