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beach_trades

12/18/12 9:29 PM

#54658 RE: xtremezz #54654

FIG-Sleeper?

or just zzzzzzz and boring

http://finance.yahoo.com/news/fortress-announces-successful-close-fortress-005200092.html

people will be looking for financials that have not moved

SamsaricSufferer

12/18/12 10:07 PM

#54664 RE: xtremezz #54654

DDD - I still hold some common on this. One of my longer term "investor" holds. I may sell some calls against it at these prices. I know people criticize covered calls because you are assuming "all the downside risk". You can cover the calls at a lower price and bail if you really have to. I can also buy puts with the call money to hedge the downside. Complicates things but can be done.