Seeking Alpha
  • Bob de'Long
    Sold that SDR that I bought a few minutes ago for a $40 profit -- cheap, cheap, cheap ... but I really don't want to hold an oil trust.
    11/9/12
    Reply (8)
    • Bob de'Long: 36% cash. NFX = 51% of my holdings; NFX really a down drag on my net worth. Every dog has his day?
      11/9/12
    • smokeyRose: you should dump netflick. They have a lot of $$ comitments coming due soon
      11/9/12
    • Bob de'Long: NFX = Newfield Exploration. If you don't have an oil well, get one. :-)
      11/9/12
    • Carlton_Watson: You should have held it until Nov. 14; 0.60 distribution for ex. dividend at the very least. I don't think the ex-dividend is priced in.
      11/12/12
    • daveog: Bob, You may want to buy some call options on NFX. Seem to be priced too low (like the stock). Maybe a suitor will come along...
      11/12/12
    • daveog: If you buy some NFX call options, you could lighten up on the stock. I recently did this to give time for the stock to bottom.
      11/12/12
    • daveog: Fear that NFX cannot hold $25, if broad market sells-off. Out of money call options will protect from a takeover at a much higher price.
      11/12/12
    • smokeyRose: What a dope I am! Didn't have my coffee yet. Either way, if you have netflix sell it
      11/13/12