VTLE had me looking foolish today
not buying a 45 put back early and
then selling it again near close...
You can trade calls or puts as
easily as shares...
Need to have some core holdings
in these small oil companies that
are just priced stupidly low now...
No one wants oil price to go way up,
Just double the price on these small
oil companies at the current high
oil prices like they should be...
I'll continue to flip calls or sell a
put occasionally and hold most
shares...
Seen a lot worse times, so that
makes the current pricing look
mighty crooked from my seat...
VTLE seems worth potentially
$120/share or more after closing
the next deal in June...
Now they will drag most likely to
about the last day of month,,,
to get deal included in all of third
quarter with costs out in 2nd quarter,,,
and big cash outlay put off until
last day possible...
Filled up last fuel container empty today...
Why do they call plastic gas containers
gas cans?...they Ain't cans...
So we watch...LJ
Gee Beav, rithmatic isn't usually this hard to read!