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Strategies & Market Trends : Gorilla Game Investing in the eWorld -- Ignore unavailable to you. Want to Upgrade?


To: MulhollandDrive who wrote (1149)1/4/2000 8:01:00 PM
From: Teflon  Read Replies (3) | Respond to of 1817
 
Must say, bp, it's been a while since we had some buying opportunities like today. I followed suit and jumped on JDSU, ARMHY, PCNTF, and GMST.

I'm still adding ETA, though today I simply watched as I'm trying to get a feel for the trading on the issue. Today it dawned on me that a likely scenario with the stock was certain parties that may be playing the stock long may have intentionally kept the stock under wraps until the options started trading on the Phily Exchange on Monday. It's amazing, but once a fairly heavy amount of February 50 calls were purchased, the daily trading volume on the stock skyrocketed up over 500k shares yesterday and today, and the prices has moved significantly as well.

I should have seen this coming. The good news is that I'm still extremely bullish on the stock. :)

Teflon