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Technology Stocks : Documentum (DCTM) Software

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To: C.Carlos who wrote (581)9/13/2000 11:25:14 PM
From: Nazbuster  Read Replies (1) of 600
 
C. Carlos.. thanks for the link. LOL! I take the CC Times and didn't see the article.

Well, when it dropped to 52 (actually 49 I see), I was madly scrambling to buy back some covered calls I sold when it was at 60. I sold the calls for $8.00 and paid the extortionary ask of 4.125 to buy them back because the stock was already rebounding. So made almost $4k on the options and still own the stock. Should have loaded up on shares as well, but was too busy trying to re-buy the options. Did it last time at 45, but sold WAY too soon at 48.

Man, this stock has a hair trigger to any hint of bad news... buying opportunities.
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