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Chasing Value: Williams has the pipes and it's not blowing smoke |
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| Apr 23, 2009 11:00 PM UTC |
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Tracked Blogger
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Via BloggingStocks:
Filed under: Other issues, Chasing Value, Commodities, Stocks to Buy, Best Stocks for 2009, Williams Companies (WMB)  As I have been sharing with our readers over the years, I do not suggest anything I would not do myself. Today I am calling your attention to the Williams Companies, Inc. (NYSE: WMB) which I bought today at $13.00.I had already taken advantage of a negative market view on the stock by selling "naked puts" at a November $12.50 strike price receiving $2.25 per share. I have been touting this as a way to make some money if you truly are interested in owning the stock already. On the puts my break even position is $10.25, the same as the recent market bottom. Continue reading Chasing Value: Williams has the pipes and it's not blowing smoke Chasing Value: Williams has the pipes and it's not blowing smoke originally appeared on BloggingStocks on Thu, 23 Apr 2009 18:00:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
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