Open Market (OMKT) 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.

Technology Stocks : Open Market (OMKT)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Fern Gult who wrote ()	6/3/1999 8:47:00 AM
From: michael yatchman	Read Replies (1) of 2004

Technical Indicators Still in a downtrend... below MAs... on the bright side near the low end of its 6 month trading range and stochiastics have turned up from over sold... TA charts at ClearStation: clearstation.com Short interest in May 3.7M down from down from 4.2M, 4.4M, and 4.6M... but still huge with a float of only 11.5M. Option Open Interest: (closed at 12) June 12.5 Calls - 1439 (11/16 - 7/8) June 15.0 Calls - 2320 (1/8 - 3/8) June 12.5 Puts - 1843 (1 3/16 - 1 7/16) June 15.0 Puts - 136 (3 1/8 - 3 3/8) From what I remember the last several months the call OI is smaller and prices seem less outrageous than they have been. Conclusion - None. More sideways movement unless some news sparks some interest? But it has seemed pretty imune to positive news the last few months. Maybe the June 10th Paine Webber conference? Or earnings (either way)... It seems a bad place to short (right above support) and unless you have faith long term why bother going long until it breaks this trading range? Still with all the (idiot) posting on the Yahoo! board there seems like alot of interest (tho I think most of the postings on Yahoo! are from a few with multiple identities)... mjyat

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next