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Alias Born 06/13/2010

Re: Whosetosay post# 724

Thursday, 07/01/2010 11:01:19 PM

Thursday, July 01, 2010 11:01:19 PM

Post# of 80490
Selling a call now is not the best because of the low volatility. The covered call is conservative and a great trade but you know the remorse that sets in when a news item comes out as you watch your shares disappear. The stock is so cheap now you might as well hold and wait for the next run. Resistance up in the 4's with support at around 2. If I am not mistaken I think FMR was starting to buy around $2.20 in Feb. I could be wrong but I am just looking at a yearly chart.

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