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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Carl Worth who wrote (4656)12/12/2006 2:32:52 PM
From: Uncle Frank   of 5205
 
>> UBS initiated their buy recommendation on 1/6/06, with the stock at about 39.50, so now that it has dropped 33%, it's a hold instead of a buy <g>... now that's some quality analysis

It's actually a code. In analyst-speak, "hold" means, please hang on for a bit while we liquidate our position.

dur
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