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I bot 200 shs TTMI in May 2011 at $16.86 and 200 more in Sept 2011 at $14.14. Plus, I am short 4 call contracts of June 13 for $10.
I see no reason not to bail ASAP, buying to close the calls and selling the stock for what ever I can get. The stock is down over 50% which means a 100% rise would only bring me back even and I see no reason to believe that will happen in the foreseeable (2-3) years.
Anyone disagree and, if so, why? Thank you e320.
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