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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (74925)1/31/2000 2:18:00 PM
From: double-plus-good  Read Replies (1) | Respond to of 132070
 
Michael,

I'm looking for your opinion on HOMS. I shorted at the open and was doing well until i ran into the mid-day robbie stephens upgrade. this is the third time i've been put under water by RS in a short position in two weeks.

It looks to me like an island reversal on the chart. But I fear with further underwriters yet to upgrade it may fill the gap. The business model seems like a sorry excuse to sell shares which was done last week below the then market price. What's your view on HOMS and its business model and chances for turning around on the chart?

Also what do you mean by a 90/10 allocation with options/puts? If you have written a piece on that could you paste the URL?

thanks,

++good