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


To: Voltaire who wrote (49812)11/13/1999 10:34:00 PM
From: LBstocks  Respond to of 152472
 
If this were the third week in DECEMBER, I would definitely agree with you. But, the 4 for 1 split isn't for another six weeks. There is still plenty of time for the MMs to play games with the stock and to shake out the weak hands. Plenty of time for H&Q to stir up some more false, negative news or some brokerage firms to downgrade the stock. Because of the imminency of the split, this is perhaps the last week to play those games. Don't get me wrong, I'm not selling my shares and I'm not selling my January 190 calls. I'm just saying that this may be a week to exercise some caution (or take advantage of a buying opportunity if it presents itself during the week). If it dips, I'll be buying. If it doesn't, I'm still happy.