Seeking Alpha
  • Ocean Man
    Took 8.28 for 2nd half of my $LF. 5% gain on half and 9.5% loss on half is a total loss of 2.3% on the trade. http://seekingalpha.com/s/8ywyn
    11/20/12
    Reply (11)
    • Ocean Man: Stock is up 18% since Thursday afternoon. I still like the co, especially heading into Christmas, but that's too much volatility for me.
      11/20/12
    • John Rayhall: I'm surprised you sold I think it should go to at least 10. But thanks for the candor :)
      11/20/12
    • Ocean Man: In retrospect, it would have been really smart to average down on that one.
      11/20/12
    • John Rayhall: Ya low 7s was def the bottom. They crushed earnings that sell off was crazy.
      11/20/12
    • TruffelPig: I think this was the wrong time to sell. The PT is $14, holding.
      11/20/12
    • FortSumter: I understand why you sold but with a PE<10 & PEG<1, insts buy +10% for qtr, great demand, this is a buy for watchers.
      11/20/12
    • jowl: took a stake this morning @ 8.18. Agree with all above. Seems like a good co with take out potential. Any thoughts?
      11/20/12
    • mdesilvio: OM: You still holding CRK, CXPO and CLCT which have been hit very hard in the last few weeks?
      11/20/12
    • Ocean Man: CRK was a day-trade a couple months ago. Yes on the other two.
      11/20/12
    • Vertical Spread: I am still holding 7.50 Call options on $LF. Agree with the above, value and timing are here.
      11/21/12
    • TruffelPig: Me too - I have 7.5 call options and stock.
      11/21/12