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echo: locuser
to: Frank Malcolm
from: Paul Edwards
date: 1996-12-30 15:56:46
subject: get rich quick

Top stuff!

PE> I see I missed my chance with Email, probably should have sold at 3.84. 
PE> Anyway, hopefully it will get back up.  I see that Lakes Oil has got to 7c.  
PE> Can you sell 75000 shares at 7c (or higher if you think you can get it in 
PE> the short term).  AFTER they are sold, can you put in an order to buy $5000 
PE> worth at 6c.

Well, I've no idea how you interpreted that request, but whatever it is,
keep it up!  I haven't seen a sell order from LKO, so I assumed that you
interpreted the "7c (or higher)" as 7.2 or something, because you
thought it was going to go up in the short term.  So I missed the sale. 
Which means I wouldn't have got the 6c buy.  Which means I wouldn't have
got it hitting 6.6c.  But I see you put in the buy order anyway, and that
got hit!

And actually, since I got the NTS sold, I WANT a buy without a sell,
because I need to put my money somewhere.  And now that it's back at 7c, I
have the original option available to me if I want, by selling 2 of my 3
lots!

Yippee!!!  But just sell the 1 lot, ie 75000 shares at 7c.

Please confirm that you have done NO selling of LKO to date.  If the sell
contract got lost in the mail, then I may have to rethink.  

And my PDP must have been hit today, in order to get to $3.19.  So now, I'm after...

Sell 2200 PDP at $3.50
Buy 1900 PDP at $2.89

Shit, it looks like PDP is doing what I predicted, which isn't what I
actually wanted.  A steady rise instead of falling back.  Still, that was a
risk I calculated, and is offset by:

1. PDP is one of my big losses already, I know that.  Sales at $2.38 say it all.
2. At the end of the day, if PDP hits $3.50 and keeps going, I'll have a
smile on my face.
3. I am de-exposing myself to that risk.

BFN.  Paul.
@EOT:

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