Posted by 17 December 2004

OSIP Ugh!!!!

I guess it was a long after all. I think I’m gonna be sick. Damn thing gapped up 20 points on me. The danger of messing with these bio-wreck & drug stocks.

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Comments

  1. Posted by Monte' on December 17, 2004 at 8:47 am

    Mike:
    Why no risk management such as a spread on this one?

  2. Posted by Oscar on December 17, 2004 at 8:54 am

    Hi Mike,

    This is really too bad. Just saw the gap on livecharts. Hope your risk management can handle this one. Hope the next one gaps with you and not against you :-)

  3. Posted by Michael on December 17, 2004 at 9:14 am

    Monte’,

    I’ve never been a fan of hedging positions. Something about it just doesn’t sit right with me. And besides I don’t even trade options.

    Oscar,

    Thanks, I hope so too.