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.
Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: H James Morris who wrote (76245)9/2/1999 2:25:00 AM
From: KeepItSimple  Read Replies (2) | Respond to of 164684
 
>Holly shit!! What did Kis know??

I knew that most professional analysts on wall street are nothing more than common crooks, out to take the individual investor for everything they can. Cramer's column showed QCOM as the #1 fund holding in the mo-mo department and if ever there was a stock ripe for tape painting, this was it.

When the stock shot up 10 points in the last 20 minutes, it was obvious the crooks were having a end-of-the-month party and I threw everything that wasnt bolted down into more puts. The fact that the puts barely budged lower in price during the first 10 minutes clued me into the fact that the options MMs knew exactly what was happening. Even IN THE MONEY puts didnt budge. Everyone knew the game was rigged.