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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (61375)6/29/1999 4:59:00 PM
From: Mohammed U. Karkanawi  Read Replies (4) of 132070
 
Hey Mike,
"OT"
I have been watching BEST BUY for the last 3 weeks since somebody on this thread recommended shorting/buying puts on this company at $54/sh. Today, it did a very strange thing. At 3:30PM it was trading at $62 1/4 to 63 1/2 and volume 2.8M traded (little above average), by 4:00PM it closed at $65 11/16 and volume 13.8M. !! No news was posted.
1- What is going on?
2- Would you short this co. now or would you buy it and join the masses?
Thanks in advance.
MUK
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