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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: LBstocks who wrote (40686)9/13/1999 4:24:00 PM
From: MileHigh  Respond to of 152472
 
Maybe they were covering their shorts! ;-)

MH



To: LBstocks who wrote (40686)9/13/1999 4:47:00 PM
From: Thomas Tam  Respond to of 152472
 
I've always wondered, when institutions are buying, with this amount of volume, would there not be institutions that are selling?

However, will remain long the Q and am looking at some naked puts given the recent volatility. If paying $154 today is okay, would selling an Oct 150 put for $9, bringing down the cost to $141 a better deal with a month to hopefully ride out this mess.

But..., I've notoriously lost money, buying in September and early October. Seems mid Oct is a better time to buy. However, I didn't follow this rule again and have a paper loss to show thus far.

As they say, discipline is more important than conviction!

Later