SI
SI
discoversearch

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.
Politics : Formerly About Applied Materials
AMAT 268.72+1.3%Dec 3 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Proud_Infidel who wrote (30415)5/20/1999 12:18:00 PM
From: Robert O  Read Replies (2) of 70976
 
Holy short term anomaly, Batman.
If someone had told me in the beg. of the week that he knew with 100% certainty the exact wording/content of AMAT's release and further predicted today's present price, I would have put a bullet through his head to save the poor sap the inevitable misery that would permeate his life. Thank God I didn't... 'cause I need that bullet.
Maybe if they had come in at .45, and the future looked bleak, the price would be lower??

Now, of course, if there were very powerful people (viz. very well-capitalized) who needed to suppress a jump for only a few days [and knew from past experience they could do that] given they had written options and collected, say, 100 million in premiums, a great strategy would be to use that massive capitalization to protect their first investment. Couldn't do that for long, but only a few days no problem. That's what I would do with impunity, if, you know, I were 'them.'

RO
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext