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Technology Stocks : SDL, Inc. [Nasdaq: SDLI]

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To: samim anbarcioglu who wrote (2093)7/9/2000 7:08:49 PM
From: SJS  Read Replies (2) of 3951
 
Samim,

As far as I know, you can ONLY trade round lots after hours. Those are just retail orders. Guys like you and me. Most institutions trade using Instinet, and I don't think we'd see them trading 100, 200, and 400 shares at a time. <G>.

Yes...long and finally profitable. It was a moral defeat that I bought when I did and it went down, but I knew if I'd wait long enough it would be profitable. I need to be more patient, but I thought it had retraced far enough to get some near what I then called "the bottom". More bottoming was on tap, as we found out.

Now it seems that it's mostly upside from here, into earnings.

I like writing calls on stocks, so I may use this as a trading position and write calls near what I think is the top (after the expected split). I hope the ST top call is better than my ST bottom call. <VBG>

SDLI calls are highly volatile and the premiums are great for sellers.

Regards,

Steve
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