Here's a Gamble for yah

JPatrick

Thinks s/he gets paid by the post
Joined
Jun 3, 2005
Messages
2,610
Bought some ENG yesterday at $8.99.
The companys biz is fairly complicated, but it passes for oil service.
Headquartered in Houston which could be good or bad in a few days.  My thought is to watch the action today and probably sell Oct 10 calls. 
Warning; ; High risk due to Rita.  On the other hand, possible high gain.
Other than a few little finds like this, it is hard to find much to love in this market.  Next week could be an entirely different story :-\
 
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