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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: marc chatman who wrote (16286)3/24/1998 10:28:00 AM
From: mph  Read Replies (2) | Respond to of 95453
 
Well, the Pissant is at it again. I didn't catch which particular driller he was mentioning, but the comment was that since the stock had gone up x% or points within the last week "the value has gone out of the driller stocks." Sheesh! That guy wouldn't know value if it bit him in his assets!
mph



To: marc chatman who wrote (16286)3/24/1998 10:45:00 AM
From: SJS  Read Replies (2) | Respond to of 95453
 
Yes, now I remember that name.

Folks have asked me to throw out option ideas (educational and things I personally do, might do, etc). I hope people know that options are highly leveraged instruments that typically entail high risk.

Not you specifically, but if folks don't understand them, please don't mess with them until you do. There are hawks and eagles out there that love to snatch your money.

On a positive note, there is a ton of good information on option basics and strategies and tools on the web. Take some time to cruise through some of that before you commit your hard-earned dollars to these securities.

'Nuf said........Oh. good luck to those that dabble...

PS: I wrote some calls into the close yesterday on GLM (April 27.5's) to protect some of my position in case all this euphoria doesn't continue short-term.