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Strategies & Market Trends : Paint The Table -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (10725)1/19/2002 12:50:26 AM
From: Libbyt  Respond to of 23786
 
I would make the decision based on the FA story.

I agree...and IMO it is very hard to tell the direction of this stock based on a chart. I read one post today about support being at 35 (I think...), but when I looked at the options expiration, it seemed like this would close below 35.

With the very small float on INVN, and the news that seems to relate daily to the need for increased bomb detection...it would seem like INVN is a "KKD type" of company. INVN seems about to be turbo charged with any news releases. Some would probably say it has already been "turbo charged", but IMO the bomb detection news has only just begun.

I have traded a small long INVN position. Twice I tried to partially box the position with short shares, but there weren't any shares available to short. Have you ever used an ECN after hours to box or short a position with a small float? Maybe an ECN would have more shares available since it is combined with other brokers?