Ames Department Stores (AMES) Message Board

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Microcap & Penny Stocks : Ames Department Stores (AMES)

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To: Dan Duchardt who wrote (1771)	11/3/2000 12:33:35 PM
From: Yogizuna	of 1911

Hi Dan, The shares are trying to break above the 27DMA today, which sometimes acts as an area of resistance or support..... Yes, it's often a good idea just to keep selling the calls to get some money back while waiting around rather than to take an immediate loss. I have a small position in PBY that I have lost faith in, so that is what I'm doing with that stock. The trouble with these types of "dead money" stocks is now we have to hope they will stay close to 5 dollars per share, or they will eventually phase out the options available for us to write. (I hate when that happens) Have a good weekend! Yogi

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