Ascend Communications (ASND) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Ascend Communications (ASND)

ASND 207.04

+0.7%

Dec 8 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sonny who wrote (52040)	8/14/1998 12:29:00 PM
From: Sonny	Read Replies (1) of 61433

Great clearance sale again ... look at the minuscule volume on a down move ... imho, MMs shaking out weak-hands and reducing the payouts to traders who want to book a buck before heading home for the weekend! Can't resist, but playing with this idea for now: Possible to make 100% in 3 days? Very likely, like this: QQAHI (Aug 45 call) is right now 2-5/16. So, lets say, we put in a limit to buy at 2. Say it hits during the day. On Monday, all markets open a lot higher (all political factors, preemptive action against next Tuesday Tremors already taking place today ... smooth sailing next week from oversold situations, imho). ASND goes to 48.75, so QQAHI would be around 3.75-4. Put a limit to sell at 4; if it hits, you have 100% in 3 days. cheers longs, (I'll try to avoid joining regretting-asnd-bull-queue again :-) ), -/Sonny.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next