So you got out between 8.00 and 8.15 a share and then watched it run up another dime and probably more going into x-dividend day on the 27th. Then you say your short and long at the same time. Explain how or why you would do that? just curious!!! GLTA
From your Feb. 9 post. help me understand.
I didn't cover all my short shares, just some of them. Timing the market is for losers so I never try to time the market, I look for certain signs and then I do what is right for me. The long position I just opened I will not close until I feel the PPS is right. I still believe WIN will go below $6, in fact I know it will, just not until after the next divi is paid. Not right after it's paid, but shortly after it's paid. If WIN continues to sell off, which it won't but if it does, I still have a very large short position. Anyone who's long here should sell after or just before the next divi. That's the best advice anyone can give you
So are you long or short right now. Just curious!!!
I'm up .84 a share and will get a whole bunch of quarters in a few days you just do what you gotta do and I'll set back and collect. GLTA
Go to yahoo interactive chart and look at 1 day chart and do a comparison with the companies they list RIG ESV and you'll find they parallel each other, all the drillers are down in a cyclical situation. Be patient. GLTA
Getting butchered today but lowered my PPS considerably. Now have to wait for the turmoil to slow and the climb back towards 40.00. My Mar 37 calls that I sold are good to go and my dividend check is just days away. I don't think the world is gonna stop with the oil consumption so just relax. GLTA
I could only hope they dropped down there, I never dreamed a company would give me 20,000 dollars a year. In at 7.50 so have some room. If I apply my dividends against the stock I'd be in WIN at a cost of 5.75 or less. GLTA
The 5 year chart I looked at shows SDRL started at 5.00 a share and now it's at 35.00 with bumps all along the 5 years, what do you see different cramer. Just Curious. GLTA