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Non-Tech : Planet Hollywood (PHL)

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To: Dominick Papas who wrote (128)11/26/1997 11:14:00 AM
From: Quick Bucks  Read Replies (1) of 192
 
I noticed that someone took up a HUGE options positions yesterday (relative to normal trading). Somebody bought 240 contracts of PHL DEC 15 calls! That's $15,000 high risk (actually, SMART move as we are all LONG :). Something might be up, today, a day after s/he made that purchase, first thing in the morning PHL jumped to 14.75 or something. Load up the truck NOW, and get ready for a ride up. I think we all know PHL will go up, and it better be before Christmas. RAIN is trading at 55X PE, PHL is at 24 right now!

QB
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