Orbital science (ORB) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Orbital science (ORB)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Lee Penick who wrote (1504)	4/22/1998 1:25:00 AM
From: Dave Riches	of 2394

Lee: I held off on buying enough shares until I saw the secondary. When it became apparent that the price was not going to bend even a little bit I bought a covering stock position at 47 keeping about 2.50. I just noticed that they made a market in the DEC 50 calls at 8.125. So now the question is does one buy more stock and take the premium as a side play. As best I can see the premium should cover the down side to 40ish. I know! I know! Why don't I just buy the calls myself(not ready for that much leverage yet) or just buy more stock and hold it(haven't talked myself into unconditionally putting more eggs into one basket). Be glad to hear anyone else thoughts on this. Dave (looking for a 100) Riches

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next