Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Biotech / Medical : Zonagen (zona) - good buy? -- Ignore unavailable to you. Want to Upgrade?

To: troy halle who wrote (1792)	1/16/1998 3:15:00 PM
From: Slim Pickens	Respond to of 7041

I think we agree on the retesting of the lows, it's just on the time frame where we probably differ. I think it may not happen in the first quarter.

To: troy halle who wrote (1792)	1/16/1998 4:19:00 PM
From: Michael Berkel	Read Replies (2) \| Respond to of 7041

<<UP almost 30% on no news>> Could there be a correlation between the rising stockprice and today's expiration of January options? Let's assume that the company has a huge long position of call options of 15 and 17.5 strike and a huge short position of put options 15 and 17.5, which expired worthless today and they decide to buy back shares 4 days before the expiration? The buy back would then be supported by the gains made with the increased option value. Next week will be interesting to see if the stock goes back down again, now that the January options are out of the way. Is there any recollection as to what happened to the stockprice 4 days before the December options expired? Can anyone look up the numbers? Just a thought and no proof of course, but it's almost too good to be true to see the stock rebound with triple witch day approaching. Any thoughts?