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Monday, February 26, 2007

 

coal trade.

disclosure 1/2 of 1% invested in coal stocks. I was looking at the possibility of doing a covered call on fording and using the call and dividend to finance shorts on other coal stocks. fording right now is listed as a stock that pays a 9% dividend and you can get 1%+ up front by selling the april call. I haven't found a good stock for the other part of the trade yet. perferbly something that is priced high so that it moves up and down pretty good.

I am not trying to make people look bad and was sorta pained by the guys responce. Trust no-one that is my responce including my own big mouth at times. some x-files theme music please.

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