Auric Goldfinger's Short List Message Board

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Non-Tech : Auric Goldfinger's Short List

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To: Sir Auric Goldfinger who wrote (481)	10/22/1998 8:40:00 PM
From: RockyBalboa	Read Replies (1) of 19428

How about PVN's? Who is working it. Still, nice movements, making up a decent short, already. biz.yahoo.com "An investment bank was a huge seller of calls on Providian Financial Corp. (NYSE:PVN - news) Wednesday, building on a previous short position in the options, a market maker at the Chicago Board Options Exchange said. The firm this morning sold some 5,000 November 70 calls on Providian, a San Francisco-based provider of credit cards and other financial products whose stock has taken a wild ride in recent weeks." Yes, a wild ride, we hope it sucks out a 33% to 50% retracement soon. C. Presently, I am holding a decent short positon on PVN with an improving average. Add at every $1 blurb, buy in at fast dives.

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