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Biotech / Medical : Gliatech (GLIA)

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To: dalroi who wrote (723)4/21/1999 8:07:00 PM
From: scaram(o)uche  Read Replies (1) of 2001
 
Dalroi:

Rick the huh? I wish. I've been trading like a fiend to manage some profit, while most of my portfolio is sitting and rotting, forgotten.

I don't trade anything that deep in the money for biotechs. And, since I only trade biotechs, that means that I don't buy anything that deep in the money.

- g -

They (the December 17 1/2s) sure did look good a few weeks ago! Hope you bought a bundle then.

There are issues where a ton of investors are hopping on the options. I am curious about what effects this might have on moderation of price movement for the underlying security.

It spooks me to see that some daytrading is spilling over into an all or none game. Speculation at that level has to favor an increased frequency of "none". I think that I'm going to moderate my option trading...... cut back until I learn methods to moderate the risk. OTOH, it's been working well.

Cheers! Rick
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