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Message: Re: Breaking News!!
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WB DT:  "It is happening......The final TP EIS has been released.  I won't have a chance to review until tonight but I did not want to slow down your review.   Enjoy the reading.  I look forward to what this crew thinks.  I will post my thoughts when I am able to do so.  I would keep away from those Puts Pavel..."

Great news, WB DT!!

I should say:  This is Terrific NEWS, but in so far as Pavel's advice... I think Pavel pinned the tail on this donkey.  Pavel was advising to SELL Puts..... not to buy Puts.  As I understand that position, and I may totally be missing it, I believe Pavel was counting on LAC being above $10 a share at expiration of the Puts and thus he would pocket the Premium off the sale of the Puts.  Please correct me if I am wrong on that point.  It has been a while since I did Option trading, but my interpretation is that Pavel's advice was good advice in view of the good LAC news you provided today.  Best wishes.  Okiedo

 


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