Invest money

I’ve sold MECA at $1.2. I tried to buy the penny stock hoping it will gain much. Know I realize that it’s a bad idea. This company will have lots of trouble. Huge debt with low revenue, and it’s not improving.

I also sold CVI at $3.09. It has high Debt to Equity ratio. Something that is dangerous in this economy condition.

My current position November 19, 2008:

• .BABZ BA FEB 2009 40 Call – cost : $5.70
• CVI – cost : $3.60
• .KOBI KO FEB 2009 45 Call – cost : $4.20
• MECA – cost : $2.10

I bought all stocks and option hoping the price will go up.