Novell (NOVL) dirt cheap, good buy? 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 : Novell (NOVL) dirt cheap, good buy?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Paul Fiondella who wrote (29734)	1/3/2000 2:12:00 PM
From: Scott C. Lemon	Read Replies (2) of 42771

Hello Paul, > Scott have you ever thought of just selling calls? I did that with the last bunch that I wanted to get rid of ... I wanted to get some cash ... This time, I just wanted to dump some shares to take some money off the table, and get some return to buy my next list of stocks. So instead of picking my sell price, I've simply been moving my stop-loss price up, shadowing the stock price by a point or two. I didn't want to sell before year end, so I pegged it Thursday at 33 1/2 just in case it retraced. As of this morning, I watched my 33 1/2 and when the market turned up, I moved it up point by point. My goal for this "batch" of shares was $30 ... I'm well past that! ;-) I'm currently going to sell in the low $37's ... unless we already hit that ... then I sold ... ;-) (I'm trying to learn more about the calls ... the biggest thing that I found is the time to hold ... a Jan 35 wouldn't be bad though ... I might look at that. Where do you get the quotes for calls? Current prices?) Scott C. Lemon

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next