D.Teague,
<< If they truly believe, why risk a possible advance from 10 to say 15 or 20, all the while waiting for a 1 point dip. >>
You are right, and demonstrate a longer-term perspective on investing in AXC. We all have our different strategies. From my standpoint, I have a pretty full position in AXC right now, it being a substantial portion of my portfolio. So, currently, I don't have alot of motiviation to buy. But if AXC were to dip down to $9, it would be just too good of a deal to pass up.
To anyone with options experience,
I have heard some strategies for playing the options on AXC. I have just recently set up an options account, but don't know much about them. Is there a way to limit the impact of a drop in price, while at the same time not missing out on a big upswing in price? If so, does it cost much? Thanks in advance. |
