SI
SI
discoversearch

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.
Non-Tech : Amati investors
AMTX 1.620+0.3%Jan 6 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Joe S Pack who wrote (24627)9/11/1997 2:46:00 PM
From: Logain Ablar   of 31386
 
Karun:

I agree without news the MM's will try to shake out a lot of retail shares and move the price to the point of maximum savings to them where September call and put options expire.

Thread don't be shaken out, but without news announcments on contract awards for a fundamental reason to increase demand of the shares the MM will lower the price. Expect to see price erosion on low volumn. By next Friday (looking at the open call position only so this may be off) expect the stock to be driven to $15 with a potential to move to the $12.5 strike price.

Just my opinion and lets hope theres news to drive the price up. With todays market (a lot of sellers with no buyers) we'll see the price drop quickly.

Just my opinion but I'm long and looking for a good return with this investment.

Tim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext