Wednesday, February 14, 2007

Brookfield (BAM)

I just sold a good chunk of my BAM March 55 calls which nearly tripled in value with today's $1.75 surge in the stock... holding the rest to see what happens, but actually wondering what BAM has up its sleeve.

BIDU has run quite a bit higher today and I may take the opportunity to not quite double down on my put position by putting (or is that wasting?) some of those BAM profits. We'll see if they let me get in at my price.

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