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Gold/Mining/Energy : Swift Energy (SFY) -- Ignore unavailable to you. Want to Upgrade?


To: MRothaus1 who wrote (1444)4/19/2001 10:32:59 AM
From: PuddleGlum  Respond to of 1602
 
Michael-
I used the term "deadweight" as a short term descriptor. I'm very optimistic about this company long term. Note that I also mentioned that I don't want anyone to exercise the calls that I sold. My IRA is down substantially from its highs at the end of September, and SFY is part of the problem, but I've experienced a couple of "90 percenters" myself.

For the record, ABI and CRA are my two largest holdings if you exclude the IRAs. I'm holding some long term shares in both of them, though my entry points are artificially low due to employee stock options and stock purchase plans. ABI had the distinction of being the worst performer on the NYSE last quarter, so I know what paper losses are. But I've sold calls on both these stocks as well, figuring I can get some free money.