Posted by frtaylor on 21st of Dec 2010 at 01:14 pm
I got it as a BPT trade idea in early Dec. (Have bought it
before, too. Should have held from those March lows!) Then a day or
two after the b/o they announced a stock offering. I've had
enough experience w/ those to know there'd be a quick dropoff and
then a recovery. I added to my position on the drop and sold some
when it filled the gap then waited to see what it'd do after that.
I went ahead and sold on Matt's advice. (thanks Matt!)
I got it as a
Matt - thoughts on LINE?
Posted by frtaylor on 21st of Dec 2010 at 01:14 pm
I got it as a BPT trade idea in early Dec. (Have bought it before, too. Should have held from those March lows!) Then a day or two after the b/o they announced a stock offering. I've had enough experience w/ those to know there'd be a quick dropoff and then a recovery. I added to my position on the drop and sold some when it filled the gap then waited to see what it'd do after that. I went ahead and sold on Matt's advice. (thanks Matt!)
LIne
Posted by zach06 on 21st of Dec 2010 at 01:51 pm
If you like LINE for the Dividend.... buy in the money call options and exercise them the day before the dividend. Don't tie up all your money.
that's a great idea!
Posted by frtaylor on 21st of Dec 2010 at 02:07 pm
that's a great idea!