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To: Clappy who wrote (31856)9/5/2000 8:56:20 PM
From: CAtechTrader  Respond to of 35685
 
Hey Clappy, GSTRF. s chart looks like it could get a smart advance in the next moth...15ish by my quick measure...looking at the options activity I would gander that there are plenty of shorts left uncovered who will get the upward momentum going on a move above 10.5..those shorts are lots of fuel for the fire...I do like the GSTRF story, but think the market will take a "show me" attitude on it...and until GSTRF cranks some revenue, I for one, doubt it will trade much above 20. So for now, technicals rule it.



To: Clappy who wrote (31856)9/5/2000 8:59:27 PM
From: azluke  Read Replies (2) | Respond to of 35685
 
Clappy re: GSTRF
Read the following link to a recent Greg Powers post on SI. Do a search on Greg and read his follow up GSTRF posts.
Message 14225524
GSTRF has been beaten down and Greg P. owns a lot of stock. There is also a tremendous short interest. If you recall, he was one of the original proponents of QCOM before the crowd got in. He is now very bullish on GSTRF. I bought some a 9.125 and sold covered calls at 9% return for 3 week period, not bad. This could be a big winner over time and you can pick up a nice Covered Call premium while you wait.
AzLuke



To: Clappy who wrote (31856)9/5/2000 9:03:50 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 35685
 
Klapp, G* might be dealing more with 10-fear than spilling cups of coffee with loose handles

the psych barrier of 10 is very real
more a barrier than 20
equally important as 100

/ Jim