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 : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: Sector Investor who wrote (20257)10/31/1997 2:00:00 PM
From: mark alan rosenberg  Read Replies (1) | Respond to of 61433
 
Sector: We've had 3 bounces off of $26. If a new CEO is in place, this
should be read as a positive. I still feel it is critical to get
the stock winging over $28.25. Then we might see the unraveling of
the shorts.
Still a good way to play this. Buy stock at $26 xx/32, Buy
insurance by buying NOV 25 puts. Downside risk limited to: $1750.
This morning was around $1400 total risk-- ALL Based ON 500 shares.
Mark


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