AKLM - Acclaim Ent... welcome ! Message Board

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Microcap & Penny Stocks : AKLM - Acclaim Ent... welcome !

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To: SAMUEL M DE SIMINE who wrote (1)	10/30/1996 8:41:00 AM
From: J. A. Pina, Jr.	of 12

Maybe is that I'm used to play with the options... have been doing it for quite a few yrs now and so far, I'm still ahead... I was tempted to jump back again when it was a 7 but read a few posts over at the Prodigy board ref the earning release coming up and held back... good thing... I should have gone with the puts, but somehow have never felt to go short on AKLM. My biggest lose with calls was when the annoucement of TCI buying 10% of the stock back a year or so when the news came out on a Thursday, a day before the expiration of the calls, was ahead $2 ( @ $17.5 ) per call on the morning ( went up to $20) and by mid- afternoon ( down to $16.5) was down $1, but I had a nice ride when it came from the high 20's to the $13 range and went back to the high 20's again... The April $5 calls for April 10 was asked $1.06 yesterday... still too high and too risky. AKLM is hanging on the last thin wire now but maybe they can overcome this situation... will see... Regards.. Joe Pina (FL)

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