Theragenics (TGX) on the up and up Message Board

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Biotech / Medical : Theragenics (TGX) on the up and up

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To: SKARLOEY who wrote (771)	3/23/1998 2:05:00 AM
From: Ted Zeilstra	Read Replies (1) of 1055

Believe me when I say I hope I am wrong, because I am still long. I sold march 60 calls against my position looking for a temporary drop, and what happens? They announce a 2 for 1 split. Had to buy 'em back at a slight loss so I wouldn't lose the stock. I want to hold the stock till at least a week after the split. Next run-up, I may sell april 70's to try to get my loss on the march 60's back. Volatility is in my favor. If I lose it at 70 due to exercise, I won't mind. Either way, I'm still in the black.

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