The New Qualcomm - a S&P500 company Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : The New Qualcomm - a S&P500 company

QCOM 159.59

-3.9%

Nov 20 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: idler who wrote (1379)	9/10/1999 4:15:00 AM
From: gdichaz	Read Replies (3) of 13582

Idler: Sadly what we have in this story is a repeat of the tactics used last Spring to "unspring" the Q. Seems like Barrons or some other agent of the "shorts" must have a "stringer" in Korea to generate stories which make it look like the Q is about to suffer a huge setback - any excuse or fabrication will do. Interestingly, these stories are planted about a week before option expiration - specifically the triple witching option expiration. The timing permits the "media" to pick up the story and run with it "tut tuting" about the trouble the Q faces. This is fed by those on "the street" who have huge amounts of money to make (or losses to avoid) by driving the market price of the Q down through triple witching day. Now all of this is just pure speculation on my part. Just based on observation of the coincidence of timing and cause and effect. Since it is speculation, it may well be wrong. However, this is my operating assumption. If there is anything to this suspicion, once the option expiration date has passed, the "story" will have served its purpose and it will be discovered that there was no basis in fact for it at all. Best. Chaz

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next