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.
Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: sailor who wrote (5372)10/9/1997 4:08:00 PM
From: FR1   of 14162
 
Sailor, Herm - I am holding Oct VVUS too.

VVUS lost over 8% of its value - down 3 1/2 to 36 3/4 on 2.8MM shares traded. I am wondering why.

I look at the estimates of analyists and they all predict .24 and .25 so they will have to post a suprise at .31. Everything seems positive but we get dumped on big time.

Is it Jeff Vinik dumping a ton of his holdings followed by some of the 9 million shorts that are out there? If so, is this just a temporary thing that will clear up by next week?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext