Creative Labs (CREAF) 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 : Creative Labs (CREAF)

CREAF 0.448

-4.6%

Dec 17 12:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Douglas V. Fant who wrote (4557)	10/22/1997 1:23:00 AM
From: Richard Haugland	of 13925

I don't buy puts and calls and don't know thw entire mechanics or logic of these but could it be that at least some of the big sales the past three days (or many of the small sales) were of people going short, or naked shorts, in anticipation of CREAF missing earnings, rather than open sales? These people may be reluctant customers again tomorrow or soon since the maximum price at which they could have sold short was about $25. On the other hand, it was suggested on the APM thread that the reason behind that stock's dropping today was from sales of the stock by brokers had to protect themselves based on the large number of puts that were contracted on APM today. Between the puts and shorts, APM looks like a basket case for a stock that is selling at a P/E of 7.68 tonight and is announcing its earnings this week, which should be reasonably good yet. quote.yahoo.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next