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Technology Stocks : C-Cube
CUBE 35.84+1.4%Dec 24 12:59 PM EST

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To: Rutgers who wrote (31232)3/20/1998 4:55:00 PM
From: Onan  Read Replies (2) of 50808
 
Yes, you are correct.

The Open Interest theory is very well known and valid. However, not even the Open Interest or a bull run can move a dog like Cube.

The OI on the 20 put had quite a bit of unwinding done to it since the time that Lisa looked at it. It was only in the 800's today and that is really negligible.

I agree with Thestreet.com

This dog has fleas and the smart money that is left in (that is similiar to an oxymoron as smart money would not be in) should flee into a lifeboat before it sinks like the Titanic. Dogs can only paddle so long.
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