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Technology Stocks : Westell WSTL
WSTL 6.020+0.3%Nov 28 9:30 AM EST

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To: Kevin Thompson who wrote (12788)8/21/1998 3:57:00 PM
From: Trey McAtee  Read Replies (1) of 21342
 
kevin--

i know how you feel. i am been preying for it to breach five all day so my call order would go through. MUs ride down today has given me a lot of cash with which to work, and i cant put it anywhere because the specialists keep f_cking with me.

example...

this is what a certain WSTL options contract was doing when i put in an order...

bid 1/8 ask 1/4

so, i put in an order at 3/16. i have dont this so many times, and have been filled easily that i dont even think about. but, 20 minutes after the order goes in i check it...this is what i find...

bid 3/16 ask 5/16

of course, what makes it really funny is that the common has gone DOWN while the ask on the calls has gone UP. even better, when i checked it a little while ago, the bid was still the same, while the ask had gone up to 3/8!!!

anyway, sorry about my bitching...

good luck to all,
trey
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