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To: im a survivor who wrote (8791)8/16/2002 3:23:39 PM
From: im a survivor  Read Replies (1) | Respond to of 13815
 
Following horsegirls lead....wrote Sept $10 calls on my EXTR and got $1.20 apiece.....dont want to lose the stock at $10, but figure a month gives me time, and volatility to either do nothing and let them expire worthless, or buy them back on a big red day.......only stock I have covered at the moment....and with my luck, it will be the one stock that takes off and runs <ggg>......anyway...thought the premium was decent at $1.20...guess we will see......if she breaks $10 and holds, she may just run away.....if I can buy them back at .50 or less, I probably will......



To: im a survivor who wrote (8791)8/16/2002 9:29:06 PM
From: pbull  Read Replies (1) | Respond to of 13815
 
Since this is all in a complimentary light, I guess I can tell you it was AG Edwards, and publicly, they seem pretty conservative, but I would suggest establishing a relationship with one of their younger brokers, one willing to take risks but at the same time cut losses fast.

But, please, don't buy 10 shares of his/her stock pick and then buy 2,000 shares over the net. That's what I mean by establishing a relationship. All brokers are hyper-sensitive about $10 commissions, so if you want to gain their trust, give him/her your business in good faith.

Don't know all the details, but it sounds like that may have been part of the problem with your previous broker.

Good luck,

PB