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This Chinese internet portal continues to power ahead. I have never owned shares, but have profited from this great stock with options.

I like to use stocks like this, recommended with high volatility, to narrow my option searches. If I like the stock and want to own it, then why bother buying it at today's price. Using limit orders is simply throwing money away. I sell put options at the price I'm happy to buy, and so get paid to buy at the price I want. If the price goes higher I just keep the cash.

Yeah, yeah options are risky some say and if you had done the same on SLAB this month you would have lost, but even with that you would be better off than having bought at market or with a limit order.

PS Can you believe David is older than Tom?
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