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Re: tchauncy post# 995

Thursday, 09/14/2006 7:56:02 PM

Thursday, September 14, 2006 7:56:02 PM

Post# of 43519
with my small understanding of shorts on the pinkies i confess to been a little confused, but not too concerned.

My understanding to dealing with this was to announce a stock split where all shares have to be taken into account, this could be wrong.

However the comment of a short seller selling more at what would seem to be against the better good is highly plausible in my view. As a Poker player it's called a continuation bet and is mostly pofitable.

I sold my DVNAL calls today in that i think the short term outlook for oil (1-2 months) is poor before the heating season comes in. Also with some insider trading in Devon I see no takeover in the near term (I could be wrong but i pulled a 88% profit over a couple of months).

Tchaunncy, Following the OTC/Pink I found some picks, by coincidence where Rig hosts the IHUB board. As you know Rig u must follow some of the other stocks like KING. Do you follow anything away from oil, ie in the Clay mining sector (a stock which is over 50% of my portfolio).



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