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Posted on 2/11/13 at 8:43 am to ThaBigFella
quote:
...buy 12 stocks put $5k in each and drop it
Couldn't the market still drop 20-30%? In that case I just paid full price for stock and lost. At least with a put I would get a lower price. These are all stocks I would like to own so I wouldn't mind having to buy them. Especially if they pay dividends.
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