I was assuming the hedging closed out was the more than $200 out of the money based on the movement in the hedge position from last quarter, but that was just a rough guess.
We should not expect any miracles, just slow steady progress.
Maybe DRM should put in a bid for GCY. They certainly need someone like LJ to steady the ship.
DRM Price at posting:
37.8¢ Sentiment: Buy Disclosure: Held