Chelsea Therapeutics Intl Ltd fka CHIP

[Seagull2]

The losers on options are usually the buyers. You can add to the return on your account by selling timely call options at a strike price just out of the money, but try to time that when you have a MAX VOLUME DAY and the PPS has had a substantial move. Sometimes after a big move you can sell in the money covered calls about 15% under the gap up price and on most occasions get to keep the money. I would venture to say that you bought a lot of cheap BIOTECH stocks and was patient (ACAD at $1.50, ARNA at $1.25, GNVC at $0.30, RNN @ 0.40 and Mstx at 0.41. By the way, my energy stock is looking good at $0.40. Natural Gas prices are headed up which bodes well for HUSA, which hopefully will have a move rivaling CHTP, ARNA, KERX, and most recently GALE. I feel good about my CHTP shares and am excited about FEBRUARY 14.

ALL THE BEST
MR GULL