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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (43126)12/2/2000 11:13:18 AM
From: ild  Read Replies (1) of 436258
 
Heinz, Do you know of any specific problem at AU? It has performed much worse than the other gold cos. My assumption was that because of hedging it would not go down as much as non-hedged cos. and I sold puts on it. In Nov I was assigned them and it kept going down ever since, even though other gold cos recovered nicely.
TIA - ild
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