Sharing Knowledge in Smallcaps

[streetshooter]

Bought WCOM @ 7.35


Took a chance here, bought a some shares for a chance to flip at 9 or so.

Purchased June 7.50 PUTS for hedge, just in case WCOM goes down the tubes because of the SEC stuff.

Will hold long term shares,until the story unfolds.

If the SEC damage is minimal, the stock will recover, and will sell PUTS for small loss.