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thruma · 2006-02-09, 02:54 AM

Check out MITTS

the way they work is you get a guaranteed sell price per share at a specific time in the future.

Some of them trade now at $8 or $9 but guarantee you a sell price of $10 in the future. The bonus is they can also move up to any price at all so you could posibly sell for higher than $10.

Usually if you're getting in at a low price it means you have to wait at least 2 years or more for it to mature. It's a nice secure profit though.

2006-02-09, 02:54 AM	#10
thruma Aw, Dad, you've done a lot of great things, but you're a very old man, and old people are useless Join Date: Feb 2006 Location: Canada Posts: 24	Check out MITTS the way they work is you get a guaranteed sell price per share at a specific time in the future. Some of them trade now at $8 or $9 but guarantee you a sell price of $10 in the future. The bonus is they can also move up to any price at all so you could posibly sell for higher than $10. Usually if you're getting in at a low price it means you have to wait at least 2 years or more for it to mature. It's a nice secure profit though.