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Technology Stocks : Jabil Circuit (JBL) -- Ignore unavailable to you. Want to Upgrade?


To: Tom Latham who wrote (2292)12/18/1997 1:16:00 PM
From: Trader Ric  Read Replies (3) | Respond to of 6317
 
This stock is looks manipulated!!! Solectron on the NY exchange is behaving the way logic would suggest. The most apparent explanation on jabil is that the MM want the large open positions at Dec 40,42.5, &45 to finish out of the money. If this stock suddenly goes to 45+ after friday, I suggest we email Sansone and suggest he move to the NY exchange.
I am beginning to get the Idea. Pick the stock price that will screw the largest open interest on the options, then bet that this will be the price on expiration friday! Anyone have a better explanation??