Options Message Board - Msg: 12522721

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Strategies & Market Trends : Options

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To: edamo who wrote (886)	1/10/2000 12:47:00 PM
From: PAL	Read Replies (1) of 8096

hi ed ... the trial and tribulations of moving an account: the acat was rejected by the old broker. reason: i did a lot of trading. after they took a snapshot they did not freeze my account, hence the portfolio was different. account was frozen since jan 4. now have to start all over again. miss several juicy trades like aol/twx arbitrage. another play to contemplate: Buy put (pal buy put? yes, you read it right: buy ) of TIBX, TIBCO Software. Why? the lockout period is over. current float is 7 million, and there are 48 million shares that are unshackeled today. just like people selling after jan 1 to defer taxes for 1 year. did try to short the stock, none available: there is the good sign. if no stock is available for shorting, generally is indication of smart money has shorted all the available shares. optioninvestors sent the alert this morning. makes sense, but my hands are tight. good thing could sneak in lu leaps last friday. the cap button on my keyboard is intermitten. it is infected with edamo flu bug ... lol best to you ed paul

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