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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sergio H who wrote (5448)5/31/1998 10:58:00 PM
From: LTK007  Read Replies (3) of 29382
 
Yup,maybe my broker can relax now---the last time I bought down he
said "you,really want to do this?".And I said have decided to play stocks like I play broker,if I feel the odds say yes,yes,yes,I pile on.
If all goes well I will sell 1/3 my position at 22 area,leaving me with a cost basis of 18&1/8,and then just hold for an indefinite period--possibly even a year.
Now,as I SLOWLY study options,I ask a stupid question--just noted
that the volume on June22.5 puts on DHI on friday was 20contracts,but
the Open Interest is listed as 0(zero)--now my STUPID question is,"How
can you have a volume of 20 contracts and end up with 0 open interest?"
Regards BJCT I am going to hold off until I learn more about the new
Strategic Plan--this whole shift to Elan and Hoffman-Larouche of which I really
have no understanding of--O'Shea is obviously redirecting the company.
And I do remain cautious until I understand why Paramount Capital was dumping shares--the assumption that is simply profit taking is a real possibility--but not sure.
Am still,for now,going to hold ORVX,in spite of the semi-floorless
CPs,as on runnung a search today found 21 articles published by Oravax
scientist on behalf of Oravax in scientific journals--they have quite
a few 1st rate scientist in their employ--and the special situation
of their VP I just can't walk away from--so will see.max90
O yes,one more question--Antex biologicals,what's the latest about
a reverse split--and could they then get on to NSDQ--as that could
really move that stock,don't you think?
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