Im out 12k+ not the end of the world, but thinking of buying 650 shares in high teens to get my pps to around 31. A boyout could put it in that range. Right now 68 seems a very far distance. Was in the mid 30's not long ago. Just wondering. Getting too low to not at least start cost averaging, I'm thinking........No???
If you buy the 650 - sell covered calls to help recoup your losses..chip away at your losses.. I bought this morning and sold covered calls at .36 cents with 20 strike price...next Friday Expiration...I think CLF is oversold due to the holiday & downgrades.. Just an idea