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Strategies & Market Trends : Strictly: Drilling II

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To: isopatch who wrote (10393)4/2/2002 5:41:42 PM
From: re3  Read Replies (1) of 36161
 
i decided to dump the shares and bought calls instead, 2/3 position of oct 12.5 and 1/3 july 12.5

this limits my losses in case things work out for the worst.

B/4 I sold my avg cost would've been very low 17...

do you think we can see this a steady over 20 ? it sure is a heartbreaker...
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