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.
Strategies & Market Trends : Dave Gore's Trades That Make Sense

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dave Gore who wrote (895)1/16/2002 11:51:27 AM
From: Dave Gore  Read Replies (1) of 16631
 
Do you agree with this guy on HAL? Hmmm....this will be interesting to follow. Very speculative but he sure could be right. The best play might be to risk $500 or so on longer term options. At least your loss is limited to $500.

Two Buys
1/16/02 10:41 AM EST

From Doug Crass, Real Money

I am buying Dow Chemical (DOW:NYSE) and Halliburton (HAL:NYSE). Both companies have well publicized exposure to asbestos.

The results of analyzing the legal machinations over the last year and evaluating individual company liability, coupled with the financial strength of Dow Chem and Halliburton make the risk/reward most attractive. I might be early, and if my analysis is correct, there exists a strong possibility that these asbestos-tarnished stocks may prove to be among the largest winners in the equity market this year. I am putting my money where my mouth is.

Thus far I have only purchased call options in order to define my at-risk capital. Given the precipitous share declines in recent days, I am now buying.

Long HAL and DOW.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext