Rite-AID (RAD) Overdone or Done In? Message Board

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Non-Tech : Rite-AID (RAD) Overdone or Done In?

RAD 0.648

0.0%

Oct 16 5:00 PM EST

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To: Marty Rubin who wrote (631)	12/26/2001 12:48:10 PM
From: Marty Rubin	Read Replies (1) of 700

someone bought over 1K Jan 5 Call contracts @ .15 early this morning, before sharp rise in stock. MMs found enough to satisfy, after breaking up the trades. however, now that the price rose, they aren't willing to lower ask. RAD 4.29 + .3 (bid/ask: .29/.30; low/high: 3.99/4.34) on ~4M shares. RAD Jan 5 Call .15/.20 1,462 (Open Interest 37,123). __ Person who bought may have covered an old position. The OI for tomorrow will give a clue. Also, I believe the same person put a large bid a few days back for the same amount but at .10, which was not taken.

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