C-Cube Message Board - Msg: 9785201

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.

Technology Stocks : C-Cube

CUBE 35.84

+1.4%

Dec 24 12:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Stoctrash who wrote (41573)	5/26/1999 10:29:00 PM
From: Maya	Read Replies (1) of 50808

Short numbers gone up as expected earlier. Now, here is the possible reason for the call activity and the price behaviour that we are noticing. Knowing that somebody will buy Divi someday, you know what my reaction was? Should buy the calls. Which calls to buy? Don't know when it will happen. So buy the cheapest call within striking distance. If selling doesn't come thru' this month, you lose a little premium but if it does come thru' you strike it rich. It didn't happen last month. So the person who has the information has rolled/is rolling it into June. Whoever is covering the calls bought some shares to back it up driving the price up. Once the options expired worthless, they sold the stock driving the price back down. This may repeat till Divi gets sold out or come out and says that it is not up for sale. Let's watch it carefully this time and see if the price is driven up higher till the options expiry.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next