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Gold/Mining/Energy : Swift Energy (SFY)

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To: arkay who wrote (1133)9/2/2000 1:51:46 PM
From: TRUE_TRUTH  Read Replies (2) of 1602
 
Drilling news is just around the corner.

Whether they think they have something, log the well, and decide to set pipe we'll know at latest by next Wednesday.

Production testing probably another several weeks away for
definitive news, I think.

As for options, I have not looked at them. I am so boat
loaded on stock that I haven't looked. All I can say is
if you are thinking about calls, I would think they have
a pretty hefty risk premium already built in right about now.

I know I would have to cinch up both my cahunas to be selling someone else some calls on this stock right about now, so without me looking at any numbers, and just knowing what kind of premium I'd charge you if I sold you the calls,
I'd say the stock itself is a better investment right now.

I am generally a longer term player too. I do occassionally
see short term opportunities which are nice to take advantage of with options but those for me are few and
far inbetween.

Truth
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