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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (35782)10/28/2009 11:41:32 AM
From: Dale Baker  Respond to of 78751
 
I sold some 17.50 November puts in ATPG, will buy it back there if they are put to me.



To: Paul Senior who wrote (35782)10/28/2009 3:50:13 PM
From: Madharry  Respond to of 78751
 
wow am i getting beat up today. everything i own but my short positions are down a lot. i guess they decided no more need for oil or ng. or metals either. thought about selling chk but didnt pull the trigger in time. sd despited being hedged for 2009 and 2010 is down around 10%. I wonder if there is some hedge fund deleveraging going on or just profit taking.



To: Paul Senior who wrote (35782)11/6/2009 10:42:36 AM
From: MCsweet  Read Replies (1) | Respond to of 78751
 
Paul,

Any thoughts on ATPG's latest report? I had liked the cheapness of the reserves, but can they get the oil out of the ground before they run out of cash and have to give up a big slug of their interests. They are deferring payments and giving up royalties left and right. If there are any operational delays, it looks like it could get a little dicey.

Thanks,
MC