Yeah I see what you are saying fella's, my strategy is slightly...

Yeah I see what you are saying fella's, my strategy is slightly different, & like NKLEX says, everyones strategy is different & I am basically a short to medium term investor.

I have a core holding of heads & options, ratio of approx 3:1 which I DONT intend to sell for quite some time, most likely years if all pans out as I am hoping, (I am omptimistic of receiving dividends from PEN one day) but currently my plan is to accumulate a few more options now, so as to be able trade these extra options on positive announcements only - just my very simple way of passive trading.

I have a fulltime job so I cant watch the market all day. It seems as though PEN will have quite a few announcements over the next 6 to 9 months or so regarding Lance. I am opting to trade the options as the % gains appear greater if you are patient enough & dont rush your buy orders (& there is also the fact I dont think I could bear to sell a PEN head yet)

I see a great future for PEN longterm, & typically its 3 steps forward 2 steps back after most announcements as per most burgeoning speculative stocks - if I can make a few extra bucks patiently trading some oppies along the way I'll be even happier;)

Swampy