How To Write Covered Calls - An Ongoing Real Case Study! Message Board

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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 (11285)	7/25/1999 3:44:00 PM
From: majormember	Read Replies (2) of 14162

>>>SNRS drops -87% today alone. Over -28 points! Just to clarify, SNRS high for the year was 20 3/8, it closed at $15 the day before the FDA and so dropped 11ish points- I know S.I. showed the price being $30 something....that was incorrect! Also, someone mentioned this was FDA second rejection of a SNRS laser...Wrong! the LTK was/is their only laser. Lastly, fwiw, anyone who shorted now would be an idiot. I know professional shorters holding Large short positions from $15-$19 and "any" good news could pop the stock.... .......just my .02 cents. Skane

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