If there is no news of the sale down prior to November 11th, what do you expect to hear on the conference call? If it becomes apparent there will not be a sale-down prior to the end of the year, how will you position yourself? Because of wash sale rules and year end tax planning, I've just positioned myself with the following - 1/17/2015 40 p's and 1/17/2015 60 c's - Within the next 32 - 70 days, I will sell the positions I had, prior to this recent purchase and keep the recent purchases for next year.
I'm expecting a big move one way or the other the day of or the day after the next conference call. Once again, I hate buying the insurance (puts) but if we don't hear something upbeat by the 11th, I bet I'll be glad I did.
Does anyone have any thoughts on what they expect to hear on the conference if there is no news of the sale down?