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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Jeffrey S. Lillie who wrote (3620)4/5/2002 1:15:32 PM
From: DiB  Read Replies (2) of 5205
 
SEBL hasn't seen 25 since last year. I think there is a decent chance of it being above 27 up until earnings, unless they preannounce. If the do, they may see low 20s.

What I'm saying is, that you will be better off letting the shares go. You'll have a very nice profit, and will be able to reestablish position at new cost basis after the earnings report and conference call.

JMHO.
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