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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: CommanderCricket who wrote (144070)	1/23/2011 12:02:34 PM
From: Delfino R Zavala	Read Replies (1) of 206110

CC Have you figured out how the price of this stock functions? When things look good, new well comes online, stock goes up maybe a couple of points in about 3 or 4 days. It then immediately begins its slow decline to where it started going up. When no new seems imminent, and it appears safe to sell some calls, the stock goes up. I have tried to sell calls, and sell puts and I am never right. My Jan 16s did not get called away, and in anticipation of them getting called, I sold 17.50 puts. Needless to say, now I have twice the headache. What is your short term outlook. Delfino

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