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Wednesday, 03/15/2006 9:10:23 PM

Wednesday, March 15, 2006 9:10:23 PM

Post# of 1078
Bought a whopping 500 today at 4.25 even though thousands traded there. It gets frustrating trading ob's and pk's for that reason vs listed.

Listed you can trade much narrower spreads vs unlisted.

That's why your profit expectations have to be higher in unlisted securities imo.

Still another 4 to 6 weeks to go in buying season, so no need to get upset yet.

Pick your buy points at a discount to fair value on an exponential basis and vice versa.

ie: I will buy 8k aspn between 4 and 4.50, 16k between 3.50 and 4 and 24k between 3 and 3.50. Mortgage the house below 3 lol!

Always reserve the right to adjust that based on oil/NG prices, group trend, hit wells vs P&A's etc...

All imho and do your own DD.

Vic


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