Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: SJS who wrote (2752)	11/5/1997 7:28:00 PM
From: Big Dog	Read Replies (1) of 95453

Mike's covered call sale does not look good right now. I sold 40 more of the 45's today (now have my entire 11,200 shares "hedged").. I am in the unenviable position now of hoping the stock will retreat...I don't like thinking like that, but I have to be realistic and know that there will be a pull back between now and Feb. Maybe I made the wrong trade...time will tell, but it hurts today!

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