looks like a good call from Macquarie! although I was just...

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stayer

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10/04/15

12:12

Post #: 15064293
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Originally posted by stayer ↑

thank-you spec -i did gather they had a fair amount from a post from auto re broker research
-sold calls are a non event - they will pick up a bit of premium and that is all

other hedge is app $12m in the money at present then!
better than nothing but they may have done more since this table prepared perhaps??

those of you who think I am crazy by keeping on buying - there is a bit of method - i did cash up somewhat a couple months ago and I have sold down oilers a fair amount over 6 months or so- however I have sold what i consider to be more speculative stocks ( mbe, bru, pvd ,tte, buy, zip and even ajx which look good) just lately!

I used a similar strategy during the gfc to improve the quality of my portfolio and it worked very well. However , I should learn to hold off a little longer as markets do tend to overshoot badly (lets hope they are overshooting on dls and sxy etc!) . Mind you if all my assets were tied up in shares I would be a little more circumspect!!

One of the reasons I did not wait longer is I keep thinking there may be a ceo or a board with some balls out ,there and actually do something rather proactive and take over someone! -got to be some great opportunities hasnt there?? I mean, we are hardly seeing the death of oil are we? A matter of fact 6 months or so at these prices and the Cooper and even the qld lng plants will be in a much better position in terms of less supply coming on around the world - even a recovery to just $80 and a low $au , and the cooper is doing pretty well I would think!

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looks like a good call from Macquarie! although I was just trying to take an opportunity on the long side when shorters were going crazy! Started buying too early but looking good now!!
I am not as bullish on oil recovery as i was when i made this post in Dec
I know i was lamenting relatively poor share price recovery of dls vs sxy in Feb on sxy thread. but it seems quality of dls is coming through in the end!!

DLS Price at posting: $1.18 Sentiment: Hold Disclosure: Held
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looks like a good call from Macquarie! although I was just...

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