RE: RE: FirstI agree entirely. Hedging some at 27.50 isn't a bad idea. I would hedge another 500,000 for every couple of bucks up it goes --just up to a year. I like it. Layer it on at higher and higher prices each quarter hopefully!
Sometimes people learn when they get kicked in the head by the market and sometimes they don't. Unfortunately, sometimes history repeats itself. Nothing wrong with a little insurance.