Three Amigos Stock Thread 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.

Strategies & Market Trends : Three Amigos Stock Thread

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sergio H who wrote (14346)	3/8/1999 12:54:00 PM
From: j g cordes	Read Replies (2) of 29382

Here's one I'm looking at doing.. HM is just under 8, its lows over the last few years haven't gone much below that. They're buying an Argentine outfit today which dilutes shares 10% which accounts for the apparent selling... Notice the string of put activity at Jan '00, the 7 1/2's have an open interest of almost 20,000. My guess is they are being sold against stock held. With millenium jitters accumulating into December gold will probably hold its own at these levels or pick up a little. Buy HM sell the Jan 7 1/2 puts. Return should exceed 25%. Unlikely the stock will be put to you don't you think?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next