Qualcomm Incorporated (QCOM) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 180.88

+2.0%

Oct 31 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Keith Feral who wrote (111654)	1/25/2002 2:30:11 PM
From: Andrew N. Cothran	Read Replies (1) of 152472

Today's rebound was an absolute given for any of us who follow the stock closely. I "knew" that the nervous nellies would sell at the open and that the MM's would open the stock as low as they dared. Then with all the negative nellies crying in their beers the past month, everyone who wanted to sell had already sold. This meant only one thing: this morning, on the open, it was time to buy. I used that "wisdom" to make $2400 quick bucks in the options market. I don't trade the stock but use covered options to collect enough to buy the groceries. Yep, today is a real hoot. Everybody who wanted out were shown the door on the lower levels and now the shorts are being forced to cover at the higher levels. Love that QCOM. PS: your interpretation of events in the offing is right on as far as I can tell. And I don't have to depend on the "insiders" and San Diego doctors who have all the latest dope from their patients who know someone who knows someone who knows someone.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next