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Strategies & Market Trends : The Covered Calls for Dummies Thread
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To: harmonyss who wrote (4601)12/19/2006 6:17:14 PM
From: Carl Worth  Read Replies (1) of 5205
 
NFLD in the 5's after hours...this is why i played it with a LEAP <g>

in reading through the results, it actually sounds to me like the polyheme did pretty well, but apparently the market doesn't agree <g>

the good thing is i have until jan 2009 to work on getting back to at least even on the trade, though it was only a risk of 320 bucks, so not exactly a catastrophe

i think these pre-trial-results biotechs are best stayed away from, seen a lot of them get killed of late including ONXX, RNVS and NUVO...i actually put a small trade on with RNVS after its "event," think it's a lot safer to play them that way
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