<p>That’s good thinking EMM1. But you could also sell naked the 4 puts for 1.80 that expire Jan 16, 2015. If the stock goes to zero you can lose 2.20 but if it stays at 4 or higher you get 1.80. It takes a long time to make money but he odds seem favorable that the company won’t go to zero.</p>
<p>One of the sites I looked at says the book value of ARIA is 1.37 and the cash per share is 1.59. Obviously, those could change over time but they look good now.</p>
<p>DD recently shared about a group project from one of her classes from last semester: If you had $40,000 to invest, what would you invest in? Had to be a stock-market related investment–ie: couldn’t invest in real estate. They had to do the research and justify their choices. Goal was to protect the principal (within reason) while making money in the market over the long-haul. </p>
<p>So, I’ll throw that out to you…What would you choose for such an investment?</p>
<p>I would take the $40,000 and eight stocks with each stock position representing $5K. I would then select eight stocks from the list of Dividend aristocrats. I would look for rate of growth of dividends over time for each stock and make a “gut check” of whether that will likely continue. The stocks should be larger companies in the S&P 100. I might consider adding one foreign company with a dividend grow history.</p>
<p>I might also consider adding growth stocks to two of the eight positions. Maybe GOOG or AAPL.</p>
<p>“If the thought of it was bad, why is the reality of it good?”</p>
<p>Maybe because it was completely expected, and the rate of cutback is slower than it could have been. Wonder if the market will keep going up for the year.</p>
<p>I have to admit I am so tired of hearing the fed say there is no inflation. Every time I go to the grocery store I suffer from sticker shock. Maybe the crap the fed buys does not go up but the things I buy have gone up 25 percent in the past two to three years.</p>
<p>“If the thought of it was bad, why is the reality of it good?”</p>
<ol>
<li><p>Because Bernanke had to explain to boneheads once again that although tapering is going to happen, that they will keep interest rates low - something that has been said over and over again.</p></li>
<li><p>It has been expected for so long that it wasn’t going to have an impact except on the boneheads who had net short positions on the market and covered yesterday driving the market up.</p></li>
<li><p>The economy is getting better and qe isn’t as needed as in the past.</p></li>
</ol>
<p>DadII, thank you for putting that you-know-what in my radar. It was your xmas gift! Your spec play truly paid off and in hindsight I wish I had bet the family farm instead of the gopher.</p>
<p>A secure Cryptocurrency exchange doesn’t exist yet. These places have been getting hacked since day 1. This is just the biggest one yet. </p>
<p>I remember a week ago or whenever it happened people were selling everything they could because you’re more likely to get money out of there than bitcoins. Whatever bitcoins are lost are almost certainly gone forever. </p>
<p>Hopefully, you havent jeopardized everything. Doesnt sound like that. Sounds like you lost a good chunk of money. </p>
<p>I almost went broke in 1984. My wife and I were newly married. I couldnt sleep for a few nights. Spent a weekend in bed. It was tough to sleep in 1987 too, </p>
<p>I dont know you or your wife but I would tell your wife what is going on. She can probably feel that something is going on.</p>
<p>You still have a job, right? Your family is healthy I hope. Money is not everything.</p>