backed out after 30 days for a refund
I, too, took the bait on the teaser and then backed out after 30 days for a refund. The only recommendation I tried was to BUY a put (nearly everything else was to sell puts), and I stopped out for a 50% loss. Porter’s instinct was right about Macerich - his timing was off, and once I became pretty convinced the market was going to keep the stock price high - too many people were shorting it, I bailed. Boy was I wrong. Had I held on to the puts, (I bought the March $15 puts wheras he recommended
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