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Non-Tech : Credit Acceptance (CACC) -- Ignore unavailable to you. Want to Upgrade?

To: specsit who wrote (55)	12/15/1997 10:53:00 PM
From: taxikid	Read Replies (1) \| Respond to of 103

third fri of the month options expire.. hey i am glad that you don't want a 13% return for a week or two.. god bless. i will take that EVERY week.. commissions aren't that expensive.. do you realize that you have outperformed the tbills by 200% ,didn't have to buy a 10k minimum and can penalty free sell the stock whenever you wish? open interest in the $5 calls was great last week when stock was below $5.. all the next 6 months out calls were purchased in bulk at market one day last week.. i will hafta wait to get my trade receipt.. as i sold mine.. you can call the cfo.. pretty cool.. i had no idea about the ceo buying although i had a prety sizable stake meself. i think it has a good chance to give you 50% return in 6-9 months.. and since you can margin against it you may do even better.. i do look for $5 again to rebuy the shares i sold. taxi