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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Shane M who wrote (88854)	1/26/2001 11:50:07 AM
From: Knighty Tin	Respond to of 132070

Shane, The stock has dropped from $75 to $9, so my comment would be for my trading that this game is over for puts. I really like to do puts on stocks that have absolutely high prices rather than deal with those under $20. That doesn't mean that they go won't go down, but, in my experience, it is much easier for a stock to fall from $90 to $40 than from $9 to $4. So, I would go fishing in a lake with fatter fish. These bone fish can be left to the vulture fund types, who make good money a lot of the time. Earlie does some of that, very well, so you may want to repose your post to him.