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Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?

To: LRS who wrote (7909)	3/6/1998 2:13:00 PM
From: LoLoLoLita	Read Replies (1) \| Respond to of 27307

>>In the month before earnings are released, insiders can't >>sell--so there's no big selling at all and the stock >>gets runup. LRS, Sorry, I just can't believe that the only major sellers are insiders, and that, therefore, no collapse can happen before next earnings in April. Going long on calls, for a stock that i think is very close to near its top seems like a real dumb, and very risky!, strategy. A true "synthetic short" (a la what GSCO did with WDC last October/November to great fanfare) requires buying BOTH puts and calls, preferably, at least for the short side, of the LEAPS variety. Last time I checked they didn't have LEAPS for AMZN. A straight short sale is my preference. Options cost way too much to trade when I add up the time premium, wider bid/ask, and a higher trading commission. Not to mention the Schedule D problem if I run a loss. Doesn't make sense for me, at all. David