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Pastimes : son of T/FIF -- Ignore unavailable to you. Want to Upgrade?


To: dalroi who wrote (482)1/22/2000 9:13:00 AM
From: Biomaven  Read Replies (2) | Respond to of 673
 
Stefaan & Torben,

I'm afraid an organized attempt to buy options or stock is not a good idea - skates too close to stock manipulation for my taste.

Buying options gives much more leverage, but it does add uncertainty relating to how the options MM will react. DAK would have more insight into just how a large call purchase would effect the stock price.

GLIA certainly does have the potential for an explosive upward move if the shorts panic. Resumption of ADCON shipments (promised for next week?) is one possible trigger. However my standard advice stands - never buy a stock just because of the potential for a short squeeze.

Peter