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This was an incredible day on very positive news (below) but the fundamental story of this stock has not yet improved where I'm comfortable holding for a long period of time. I wrote October 10 calls on my 400 shares at 3:45pm and received a premium (after commision) worth 27.1% of my shares. Not a bad return for 3 months of non-work.

I bought XICO in early May as a contrarian play. Estimate revision trends are lousy, so I'm taking the opportunity to drop my position. If I get sold out of these shares on October 17th, I'll have a 71% gain over a 22 week period. I can live with that....

- Matt
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