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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: bull_dozer who wrote (5870)6/7/2018 3:36:10 PM
From: Jerome  Read Replies (1) | Respond to of 27055
 
Hi there BD,..........Once in a while I get things right........

ON CHK... I bought my first 100 shares in Sept of 2016 at 7.38 / per share

I still own those shares and have written some covered calls against them....but I'm still under water with them

I have purchased more CHK as it dropped to under 2.50 a share .Now I'm close to break even.

My viewpoint would be.....I can tolerate a small losing position.....as long as my other holdings are doing OK.

I had hope that rising crude prices would improve the price of natural gas.....so much for that theory.

I have noticed that stocks break out or collapse when least expected......nothing works out exactly as expected....