SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?

To: ptanner who wrote (1655)7/20/2000 4:25:42 PM
From: chic_hearneRespond to of 275872
 
Re: Similar forward PE as AMD so I thought I would diversify a bit by adding some NSM.

PT- To use the mining analogy, NSM is known as the "canary". When the SOX tops, NSM is the first to go. It needs to stay above $50 to avoid falling below its 200 day moving average (closed down $5 to $45 today).

OTOH, a few days ago there was a sale of 4400 August 65 puts for over $7 million. Obviously, someone big thinks it will be moving up over the next month.

SSB really f*cked the SOX. Someone had to break the ice.

chic



To: ptanner who wrote (1655)7/20/2000 4:39:46 PM
From: JohnDRespond to of 275872
 
ptanner

See; Message 14081798
Chic's response is better than mine. :) I owned NSM because I had a lot of Cyrix, and consider his evaluation to be an apt description of the stock and the "irrational market."

I usually only lurk, in order to learn from you and the others here, with more knowledge. I've found the AMD, SNDK, and a few other threads have been very helpful, and USUALLY profitable. :)

Thanks to all,
JohnD


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News