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Strategies & Market Trends : Canadian Options
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To: Porter Davis who wrote (897)3/18/1998 9:03:00 PM
From: Chris Stovin  Read Replies (2) of 1598
 
Porter, those puts you had would have worked today. Did you have them? I'm hoping you did. Hopefully that $39 grand was opportunity missed and not principal. I quite frankly would have a hard time sleeping with that hit.

That article in the Globe may have had an impact. Huge cap and no revenues. So why is everyone buying? More and more companies are buying into this technology which in theory will have an incredible impact. Its the kind of stock that would sit nicely for 10 or 20 years in an RRSP.

The only way somebody could play this stock is through options. How else could you afford it?
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