I think PSA is a steady beast.. that will just continue doing what it does.. as you can see if you check out the 15 year view PSA has gone consistently up and up and is pretty unphased by most economic events…
Powayseller, it’s me I’ve been loading up on COP NOV 60 options for 2 weeks now! 🙂
I won’t touch the stock itself with a 20 foot pole because it requires investor to put up way too much capital up front… and personally I’m not interested in doing that in an industry where one ‘dude’ in Iran can completely shake things up… with options you get wayyyy more upside without all the risk.. Lets just say someone has 15k in COP options.. to get the same amount of leverage through buying stock they’d probably have to buy 100k worth.
If COP is $80 in November, that $15k will be worth $40k. If someone were to buy the stock they will have gained only 30% and they had to plunk down $60 per share!
We need someone that’s anti-options to come and refute what I’m saying.. because I haven’t been challenged at all with my options blabbering!
