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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Tino who wrote (2373)2/20/1998 7:33:00 PM
From: Tino  Read Replies (2) of 18691
 
Can someone give me a TA read on SEBL? The stock keeps creeping up every day regardless of what the market does and sadly, regardless of its valuation. Volume in the past 2 weeks has been average or a little on the low side but every once in a while those large 20K+ blocks come thru. On the buy side unfortunately.

I was thinking about getting some calls to hedge but got turned off by the high premiums. Writing puts is kinda late now that I'm already under water (hindsight's 20/20). There are rumors that a stock split might be coming soon. That's the last thing I need. What does TA say? Anybody have good news for me?

thanks,
tino
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