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Non-Tech : PETM - Petsmart -- Ignore unavailable to you. Want to Upgrade?

To: Mongo2116 who wrote (1446)12/29/1999 8:18:00 AM
From: Dale Baker  Read Replies (1) | Respond to of 1508
 
I shifted from shares to May 5 calls bought at 1/2, then sold half of those over 1. The rest are house money that I plan to hold until expiration.

I see no reason why PETM shouldn't improve to high single digits eventually. The downside from here is virtually nothing unless management does something uncharacteristically stupid.

Yes, long and holding half my stake.

All the best for 2000.


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