DRL with low risk/high return oppty

Discussion in 'Stocks' started by Option Trader, Oct 26, 2008.

  1. You can now get in to DRL for less than the private equity group spent when they took over 90% of the company, and they surely cut a good deal for themselves.

    They got in for the equivalent of $12.60 per share. Later they made a new deal for themselves to buy shares at about $11. WIth the company only improving since (to the best of my knowledge), you can now buy in for $7.52.

    In addition you can probably succeed at selling the $2.5 options for $.05 with a deliverable of 5 shares, so that you can sell 20 such options for every 100 shares, making your average $1 less (aside from commissions).

    Anyway, here's a Yahoo link on that topic: