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Technology Stocks : IRID - Iridium World Communications IPO Announced!
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To: Mama Bear who wrote (2035)6/24/1999 9:02:00 AM
From: Bryan  Read Replies (1) of 2693
 
Why out-in-out short IRID if you can buy some short-term PUTS?
I picked up AUG10 PUTS at a decent price with the stock runup. My style isn't to 'short' stocks, but is the uncertain future for IRID your rationale for actually initiating a short position?

Seems to me that this retracement is very temporary. Im willing to bet that within a couple months (with many developments to unfold in the near term for IRID), that we will see it right back down in single digits soon.

Just curious........
Thanks,
bk
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