SI
SI
discoversearch

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 : WCOM
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Oeconomicus who wrote (8888)8/6/2001 3:28:33 PM
From: shortilong  Read Replies (3) of 11568
 
Just because the CEO WANTS to sell a company for $25 per share, doesn't mean a suitor will OFFER anywhere near that amount, especially in this weak economic environment.

i think the fear of the company being on the auction block and getting some low-ball offer is what is contributing to the drop in price today.

Of course, look at the big picture--WCOM is off about the same % today as the Nasdaq composite.

Now as far as the stock being cold and the snowmen, why not turn the cold into ice cream and sell some options today? Remember, the best situation for an option seller is a stock that non-option folks call "dead money". i say the deader the better! Sold $15 August puts today for $1.05.

Good luck to us all S Long
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News