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Technology Stocks : Sapiens International Corporation (SPNSF): Turn around...?

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To: DD™ who wrote (852)1/16/1998 5:57:00 PM
From: uu  Read Replies (1) of 1936
 
I was wondering if the recent decline of past few weeks may had something to do with today's options expirations. Knowing the majority of shares of SPNSF is held by a few special groups (and I am not talking about your everyday average Fidelity or Janus fund manager!), there is a possibility that because these guys wrote a bunch call options contracts against their own shares and, they may have played some games to bring the price down so they wont lose their shares. Can anyone look into how many open contracts there were prior to today? As I said this is a wild speculation but I have seen it happening in a couple of other instances a few years ago.

In any event the following 3 weeks will be interesting as SPNSF will report its earnings.

Regards,

Addi Jamshidi
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