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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sergio H who wrote (3233)4/17/1998 7:14:00 PM
From: Amigo Mike  Read Replies (1) of 29382
 
Howdy Amigos,

Definitely a kick ass week. Funny thing is ...... some of the more quiet stocks this week are likely too make plenty of noise next week.

AIRM had a very big day indeed. 7x normal trading volume with 3 block trades at the end of the day. Maybe news Monday ????? We'll just have too wait and see.

DHI will be free from the arbs come Monday. From what I have gathered, the arbs have accumulated the May call options as cheap as possible while shorting the stock to keep the price down. Last numbers posted in the Journal showed around 10 million shares short. maybe someone can get a more upto date number. Now the arbs will cover their shorts and drive the price higher while making a fortune on the call options. All this action should start next week.

HERE'S HOPING !!!!

Amigo Mike
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