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Technology Stocks : CustomTracks Corporation (CUST) -- Ignore unavailable to you. Want to Upgrade?


To: Rick Smith who wrote (2293)9/14/1999 2:32:00 PM
From: 10K a day  Read Replies (1) | Respond to of 2514
 
Rick,
Daily Chart Pattern Looks Like a Flaccid Willy,,,
You're the TA expert....
If this one closes down...
After such wonderful news...?
What should i do then...?



To: Rick Smith who wrote (2293)9/14/1999 10:29:00 PM
From: 10K a day  Respond to of 2514
 
Hey Rick,
My Hamburger flipping analysis demonstrates
a couple of reasons why this stock is NOT bouncing
really hard off of the number 12...:

1. ~1.1Million dollars of put premium that goes off the board on Friday.
impristine.com

2. OR if you prefer, 1,147 put options representing 147,000 shares which will go off the board on Friday.

3. over 2000 Sept 30 PUTS which are out of the money.

=========================

Rick Buddy,,,
This is pure speculation but i think a panic could be elicited,,,
if someone sold Sept 30 calls aggressively,,,
shorted the stock aggressively,,,
and anyone holding the puts sold them..
this dude could bounce hard off of the number 12....
I believe with 70 million in cash,
it is fairly valued at 3.