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researcher59

06/01/10 3:31 PM

#6380 RE: gold80302 #6373

ATPG (8.90) option premiums are sky high and I've also been writing naked puts to capture the premiums. But the stock keeps dropping like a rock ! Evidently many investors fear that the 6 month drilling moratorium will be extended to 12 or 18 months, if not longer ..... if that's the case we might be able to buy ATPG at $7 or even lower.