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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Joey Two-Cents who wrote (9292)5/28/1998 2:00:00 PM
From: Jacques Chitte  Read Replies (2) of 18691
 
I show the CMB 80s at 1 7/16 right now. A fortyfold move would price these at $55. That can't happen with a CMB share price of $80.

I don't doubt that there's money to be made. I was especially curious about your quantitative prediction, i.e. "fortyfold". I'm still in the dark.
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