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Non-Tech : American Eagle Outfitters

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To: Captain James T. Kirk who wrote (200)2/23/1998 9:22:00 PM
From: j. w. kampfe  Read Replies (2) of 325
 
J.C. Bradford initiates AEOS with a buy rating. Looks like the old pump and dump at work here. Got us up to 28+. I'm thinking about shorting 500 shares tomorrow at 28, while buying 5 may 30's for upside protection. Should have to pay app $3 for the calls, so my breakeven will be $24 and change on the downside, while limiting my loss to app. $5 a share on the upside? Is this the way one should be playing this bad boy?

If it sits still for the next few months I lose $3 bucks right?

jamie

or should a guy just buy the friggin puts at like 22.5 or 25 strike for may expiration and stay away from shortin this runaway bastard?

Cap't "on earnings"

I'll check tomorrow for sure but I think earnings won't be until the third week of march, as per ZAKS.
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