OSIP Ugh!!!!

By Michael on December 17, 2004 7:17 AM | 3 Comments

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.

3 Comments

Monte' | December 17, 2004 11:47 AM

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

Oscar | December 17, 2004 11:54 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 :-)

Michael | December 17, 2004 12:14 PM

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.

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