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jhdf51

05/12/11 1:44 PM

#289210 RE: twisted christa #289209

I am though I can't speak for others.
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drkazmd65

05/12/11 1:54 PM

#289211 RE: twisted christa #289209

I'm mostly holding commons - speaking for myself.

But it's probably not a bad idea to have hedged with some Ps or Ks. I've got enough Ks that I should be somewhat positive even if the Qs get nuked, but the preferreds get something > than a few % on the dollar of their face value.

Preferreds are a safer bet than commons, but they could get nuked too if things go badly for us euqity types during the rest of May and June.
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Bizreader

05/12/11 1:58 PM

#289213 RE: twisted christa #289209

I tripled my position in all three stocks in the last week!
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utvolsfan13

05/12/11 2:04 PM

#289214 RE: twisted christa #289209

I used to be exclusively commons and am now exclusively WAMPQ. Can't convince myself to take on more risk when I could get 70X return on WAMPQ right now before commons are in the money. Additionally, should preferred shares become "in the money," I can take profit from them to put into commons if they're lagging behind. I posted regarding this last night and it got deleted so won't be surprised if this one goes too.