SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?


To: Bazmataz who wrote (502)5/29/1998 5:50:00 PM
From: Thean  Respond to of 14427
 
Baz, I don't know where your comfort level is but I would not buy a stock because it has a high call premium. SEV is strictly a special situation play where the short term reward outweights the risk.

Unless..., you are comfortable making 144% a year and losing 100% by selling covered calls each month.

SEV - again very impressive towards the close with buying coming from either those in the know or very impatient. Either way I'm begining to watch it very closely as the prospect of selling on good news looms large in my recent memory. Just a reminder - it is ok to profit and sell too early. There will always to another opportunity.