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Microcap & Penny Stocks : ABTX - Agribiotech

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To: John S. Baker who wrote (7652)2/27/1999 7:44:00 PM
From: Diddlysquat  Read Replies (1) of 8359
 
Taxman,
Reason I like the covered call over the put is the time factor. My guess is that this puppy is going to be down for a while and I prefer having the time factor on my side. The 7.5s are a lot better then the 5s. I am guessing, but ABTX may just bounce between 4 and 5 1/2 for a long time. If this happens we could end up doing better then we would have done with the buy out. Check the up down percentages of 4 - 5 1/2 vs 11 1/2 - 13 1/2. I don't want to even think about 2 or 3 (choke).

bd
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