Betting Talk

What really cracks me up about gambling!

cluelessclueless Banned
edited June 2005 in Sports Betting
The stock market is where the real gambling takes place.

I had some Google calls that expired on Friday. I had completely
forgotten about them and I get a call this morming with a 68000.00 dollar
margin call. They excercised the options over the weekend and I now own
another 1000 shares of Google at 280 per share.

I pop up my Etrade and I al already out 9 grand on this thing because it
was now at 171.

I say screw it and go out to our pond and fish with my 11 year old. I
come back in and I am now 6 grand ahead. I sell it. 15000 dollar spread
in like an hour!

Then I get pissed because I lost 50 bucks on a horse!

Amazing isn't it?

Comments

  • cluelessclueless Banned
    edited June 2005
    because it is now at 271.

    I'm dumb
  • SadHappySadHappy Senior Member
    edited June 2005
    Brother....how funny is that. I have always wondered why the stock market
    is legal, and we have to go to vegas or set up books offshore to make it
    legal.......in my opion - playing the market is more of a gamble......at
    least there is information and trends for the public to work with in
    sports......who knows who is skeeming behind the doors of those corporate
    entities.......
  • coachesplayscoachesplays Senior Member
    edited June 2005
    I used to play options like crazy and made a boatload for a while just
    buying calls before earnings were announced when i thought a company was
    going to announce good earnings or right before the fed would announce
    interest rate drops. Then I got killed when the big Nasdaq crash occurred.

    i am dieing to get back in but can't bring myself to do it.
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