[Closing Genitope (GTOP) Trade]
Dear Member:
As outlined in recent Weekend Summaries, Genitope (GTOP) was put to me at $2.50. I had already received $1.35 when I sold the naked puts so my total risk was $1.15. I am now placing an order to sell the stock that was put to me at a limit of $0.72 which, if filled, means the trade will have a loss of 43 cents overall.
DISCLOSURE: At the time of publication, I own shares of GTOP.
Sincerely,
Bill Kraft
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