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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: jim_p who wrote (9157)10/8/2001 1:27:49 PM
From: JHR  Read Replies (1) | Respond to of 23153
 
Covered PENG at 23.40 and partially covered KWK at 13.40. Still waiting for the other 1/3 of KWK to cover. Missed absolute bottom but a nice profit anyways. Thanks again Jim P.



To: jim_p who wrote (9157)10/8/2001 1:29:50 PM
From: Wowzer  Respond to of 23153
 
Thanks, I have no position, but have been watching it since you recommended shorting it. I was really just curious what made you change your mind, since you are pretty (edit: very) good at calling macro oil moves.

Rory



To: jim_p who wrote (9157)10/8/2001 4:07:32 PM
From: ItsAllCyclical  Read Replies (1) | Respond to of 23153
 
JimP - You still follow/trade ACTM? Do you think they'll survive this cycle?

Considering the short interest and the fact that they still appear to be cash flow positive I made a bet on the long side today at $4.50. Will consider taking 5.5+ and start averaging out again, but think 7-8+ is very possible if it gets moving again.


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