SI
SI
discoversearch

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.
Gold/Mining/Energy : Strictly: Drilling and oil-field services
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: excardog who wrote (82547)12/23/2000 2:07:38 PM
From: Sharp_End_Of_Drill  Read Replies (2) of 95453
 
Exacardog, about going long CA utilities.

Have you thought about putting a collar on the stocks, via buying puts & calls?

I see either A) the utilities go bankrupt (unlikely as I think the federal government will bail them out with our tax $$$) in which case the shares plummet, or B) they get the bailout and shares rise.

I suspect we will all have to pay for this debacle, and few if any lesson will be learned.

Just a thought.

Sharp
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News