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Non-Tech : APCO Automobile Protection Company
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To: Amigo Mike who wrote (3077)1/25/1999 8:17:00 PM
From: William Nehls  Read Replies (1) of 3351
 
New to SI from a posting standpoint but wanted to thank you for your postings on this stock. Started with APCO at 10 riding down to 5 after luckily selling covered calls at the 10 level. Since that point ,have purchased several thousand shares via selling puts at 7.5 level and continue to sell puts at trailing strike prices. Based upon the info in your posts plus my own DD, it has been fun being very leveraged in this stock. At current levels I have been reducing leverage covering naked puts sold at 10 but still think this has a long way to go. Thanks for the trail markers. As a possible payback check out Perceptronics (PCTR). There is a strong thread on SI with good info. Thanks again.
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