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Strategies & Market Trends : Picks of the quarter -- Ignore unavailable to you. Want to Upgrade?


To: Elroy who wrote (6234)5/29/2008 6:20:29 PM
From: Casaubon  Respond to of 20435
 
YOY is fine. I will listen to CC, later. Again, this is not unanticipated. We will most likely see that gap fill down to $14. It should put in a hammer bottom. I will most likely sell some of my OTM insurance puts. The ATM puts, which I am short, will likely be exercised, and I will have another 500 shares put to me. By Jan 09, I might have another 500 put to me, as well.

It wasn't a homerun, for sure. But, they are operating in the black, consistently. I didn't understand the share buy back, now, instead of last quarter. That doesn't smell right.