Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: SliderOnTheBlack who wrote (54917)	11/17/1999 12:24:00 PM
From: double-plus-good	Read Replies (2) of 95453

random musings on a pretty fair day cdis hasn't yet traded today, an odd thing given today's activity, even for a lightly traded service stock. CRK is building nice volume and has a pretty darn bullish looking chart. looks like time to load the ng stocks IMO. ng prices won't linger at these levels for long and neither will the ng leveraged producers. CHK appears to be holding at 3 and TMR has not broken 4. barring further blood in the ng pits, it looks like its time to pick these issues up off the floor. one options related question for those of you who are active options traders. yesterday afternoon and again this morning i had a limit sell on nov contracts that passed throug the ask on the underlying stock and did not execute. in other words, the most recent sale for the shares was at times up to 1/4 above the corresponding in the money ask on the contract. the specialist's ask remained 1/4 + below the market bid for the stock on an in the money corresponding basis. i was lucky to bump up my ask twice and as a result got a better price than i really deserved IMO. not that I'm complaining, just find it odd and wonder whether its at all common. ++ good

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