Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: pezz who wrote (43136)	12/12/2003 4:30:56 PM
From: TobagoJack	Read Replies (1) of 74559

Hello Pezz, Report: ISEC, whatever they do or pretend to do, is good stuff ;0) I woke up tonight, without prompting, and: (a) purchased a tranche of Fording Canadian Coal Trust uk.finance.yahoo.com at CAD 39.69/shr and lower; (b) shorted a dollop of Peabody Energy uk.finance.yahoo.com March Put strike 40 at USD 2.60/shr. I did not buy the shares because I want to see if I can simply extract distributions without the company declaring dividends, and realize value without strong commitment. These zigs/zags will not cause me to wet my pants, but do allow me to turn soon to be worthless cash into matters of value. Chugs, Jay

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