Replies to post #102562 on Zeev's Turnips Patch-No Politics (ZEEV)

[Joe Stocks]

Indeed the IPP's are flying. RRI has been so good. Got a bunch of shares at an average cost of 1.60. I have sold the covered calls for my thrid time today on about 25% of those shares. Today I rolled over into August as the May premiums are almost gone. I got about a zero cost basis in those share now. MIR is working out well as well with selling covered calls on about half my position now. Only way I could justify to myself to be over loaded on these is to have some buy-writes. I see much more upside ahead but I agree that we may have a pullback here. I also have EP, MIR_pa, ILD, DUT, TE and CPN.

Joe

[south louisiana]

Kyros - The MIR ‘08 bond is making an impressive climb now, and the stock has played out as you originally forecast before your, shall I say “disappointment” with the lack of reporting and communication by management. You have been generous with your comments, and if I may, I would inquire if there is something more specific that concerns you. Even in Zeev’s Nassacre scenario, absent fraud in the accounting, this stock appears to remain undervalued. Is there another concern? TIA

[Bruce A Thompson]

MMs seem to be setting MIR range today

1 Share bid @ $2.85 and 1 share ask @ $4.06.

Looks just like a BB stock this morning. (g)

BT