''doogdilinger'' I'm in the same boat. But i've been able to cut my paper losses in half by selling calls every month. I gave up on the takeover idea which was holding me off from selling calls but now i don't even care. Every month i get back at this... @#$%^&*()__)^%$#... stock by making a monthly income from it. I figure that whenever i actually get taken out it'll probably be time to get back in. Latest example; From selling a few weeks ago, my $1,500 worth of 10 Jan 70's expire this friday. Then i'll put out Feb 72's if i'm not taken out at 70 on friday. The loss will be cut in half. You could do the same. GLTY.!!!!
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