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that figures
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JC STONE
Posted 5/3/2016 11:09 (#5279962 - in reply to #5279884)
Subject: RE: that figures


Just curious where were your hedges placed. Were they above cost of production. Be careful you don't whipsawed by the market. Hate buying "courage" calls but maybe that might be a better approach to protect sales. Might as well spend the money on calls versus lifting hedges at a loss.
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