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Sponsored Link: Glossary of Option Terms: UnderwaterUnderwater Definition: Also referred to as out of the money (OTM). The circumstance an option is in when its strike price is higher (call) or lower (put) than the market price of the underlying stock. Related Terms:
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Hear It From Our Premium Members..."I subscribed to your newsletter and liked the looks of one particular stock when you recommended it, so I bought a little of it followed it and recently sold it for that 99% gain. Just wish that I would have put more $$$ on it oh well. Thanks" ~Paul K.
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I sold ½ of the stock per your recommendation, which returned my original investment. I sold the remaining stock under my regular account on 4/13/2008 for $32.19 and a gain of over $4000. On May 21, 2008, I sold remaining shares in my IRA account at $39.75 for a gain of over $5,000. Thanks for your recommendation on this stock." ~R. M. Raga |
