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Strategies & Market Trends : Options
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To: Jill who wrote (7009)4/27/2000 8:52:00 PM
From: Seldom_Blue  Read Replies (3) of 8096
 
You are not kidding. I thought the buyback announcement by GMST will have put a floor on the price. Maybe it does, but I cannot believe it is $34.

I have tracked GMST for about six months now, since the pre-split 80s. It does have strange price actions, but this is getting out of hand.

Almost sold some GMST puts, but really cannot take the motion sickness on this one. Will wait. I have some May 57.5s that was at one time worth $50. Now worth about 50 cents. Thank God I did not exercise those calls.

Seldom Blue
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