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Biotech / Medical : Pediatrix Medical Group (PDX) -- Ignore unavailable to you. Want to Upgrade?

To: 5handicap who wrote (398)	1/7/2000 2:05:00 AM
From: Nero	Read Replies (2) \| Respond to of 431

If someone bought PDX today for 9 1/2 and sold Jan 10 covered calls for 5/8, and the option were exercised -- he'd make more than 11 percent return on the investment including transaction costs in just two weeks. For some traders, that would be a killing. But I'm in this puppy at 7 1/8 and the shorts aren't prying away my block until they are squeezed into the 20s. If I were short now, I'd be covering -- but if I thought PDX had downward possibilities (Dream on shorts, your nightmare has begun), I'd be buying those calls like crazy to hedge my short position. Bottom line: Longs are in control now. We can play the shorts like cats play with a mice -- or rats. Anyone notice that PDX was the second largest percentage gainer on the NYSE Thursday? Yippeee. This will draw the attention of daytraders and value investors, who will compete with short sellers trying to buy back 5 million shares of this sweet stock -- more than the entire float. Hold. Hold. Hold.