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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: Herm who wrote (8699)9/27/1998 10:50:00 AM
From: Herm   of 14162
 
SRCM Follow Up!

I found this tidbit on SRCM. I like the price range of SRCM and will place it on my watch list. The fact that this person received a notice to cover his SRCM position confirms a SRCM short squeeze exist.

So, SRCM will eventually run out of steam and peter out. The results I think you know. TIMBER! Law suits and no earnings don't exactly attract long buyers. The MMs will be hammering this stock downward and the scalpers will jerk it up and down. Good bear trap meat!
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