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Strategies & Market Trends : Telebras (TBH) & Brazil -- Ignore unavailable to you. Want to Upgrade?

To: md1derful who wrote (12076)1/20/1999 3:38:00 PM
From: md1derful  Respond to of 22640
 
Well, I admit it I'm chicken...slapped some 65 puts on this sucker, just in case the beautiful people act true to form.



To: md1derful who wrote (12076)1/20/1999 3:38:00 PM
From: Steve Fancy  Read Replies (3) | Respond to of 22640
 
I have an order in DOC...but only to hedge part of my position. Buying 65P at 5 1/8. I figure worst case is stock gaps up to 75-77 on a successful vote. Minimal loss compared to where I'll stand if it gaps down to 50. If this vote fails 40-45 could be in the cards during initial panic.

sf


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