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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?


To: Bill Wexler who wrote (847)4/27/1999 11:54:00 PM
From: BDR  Respond to of 10293
 
Got it.



To: Bill Wexler who wrote (847)4/28/1999 12:15:00 AM
From: golden_tee   Respond to of 10293
 
I almost didn't recognize this!
I thought you didn't post under assumed names!
Just a coincidence, I'm sure.

>>Thanks for the profits
by: ShortsofAmerica 1492 of 1561
I'm gone, covered this morning!
Been a great year - looks like
its time for the longs to prosper.
Good luck.
Off to short VLNC & MCHM...<<



To: Bill Wexler who wrote (847)4/28/1999 1:26:00 AM
From: BDR  Read Replies (1) | Respond to of 10293
 
Your post got me thinking about some other shorts such as DTLN and, guess what, there are options for that as well. With DTLN at about 21 1/2 the JUN 22.5 Puts (.OGQRX) sells for 4. Hmmm.



To: Bill Wexler who wrote (847)4/28/1999 11:21:00 AM
From: Marconi  Read Replies (1) | Respond to of 10293
 
Hello Mr. Wexler: ZONA
Another alternative is to write naked calls, especially when the stock has spiked up and shares to short may be difficult to locate. The usual cautions of not taking positions larger than one can afford to lose in entirety on the maximum upside estimate should be heeded. Done in judicious amounts to dollar average, this approach should capture the time premiums and smooth the ZONA roller coaster, an apt analogy; price gravity is inevitable with ZONA--a penny stock in my regard. Thank you for the heads up.
Best regards,
m