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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 (11426)8/25/1999 11:39:00 PM
From: Dan Duchardt  Read Replies (1) of 14162
 
Herm,

A great deal depends on the float turnover (TRO).

Speaking of float turnover, GRIN today traded almost 20,000,000 shares, 66 times the float of 300,000. At some point in the day it was trading with a P/E of 400, but it backed down to only 300. Of course that means nothing when you have the next great toy (Pokemon). Thought you might want to put his one on your conservative watch list
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