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Strategies & Market Trends : Synthetic Derivatives

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To: CapitalistHogg™ who wrote (446)	10/4/2006 10:38:35 AM
From: CapitalistHogg™	Read Replies (2) of 464

RE AMKR Bias: Short stock with both fists while price is still over five dollars. Options are HEAVY on puts. Looks real bad. While the options and stock look very bad this stock could see a short covering rally. I'm also thinking that most of the easy money has already been made on the short side. In addition, I personally have not had enough experience with this type of qualitative event to merit a bias. Therefore I retract my previous statement of shorting with both fists. I will watch from the sidelines.

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