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Non-Tech : APCO Automobile Protection Company -- Ignore unavailable to you. Want to Upgrade?


To: Amigo Mike who wrote (3077)1/25/1999 8:17:00 PM
From: William Nehls  Read Replies (1) | Respond to of 3351
 
New to SI from a posting standpoint but wanted to thank you for your postings on this stock. Started with APCO at 10 riding down to 5 after luckily selling covered calls at the 10 level. Since that point ,have purchased several thousand shares via selling puts at 7.5 level and continue to sell puts at trailing strike prices. Based upon the info in your posts plus my own DD, it has been fun being very leveraged in this stock. At current levels I have been reducing leverage covering naked puts sold at 10 but still think this has a long way to go. Thanks for the trail markers. As a possible payback check out Perceptronics (PCTR). There is a strong thread on SI with good info. Thanks again.



To: Amigo Mike who wrote (3077)1/28/1999 10:06:00 AM
From: James Strauss  Read Replies (1) | Respond to of 3351
 
Mike:

I've been quietly adding to my APCO position... The fundamentals keep getting stronger and stronger... We may finally see a push into the 20's if we get a good earnings surprise...

Jim