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To: Knighty Tin who wrote (31510)3/31/1998 11:05:00 PM
From: Chas  Read Replies (1) | Respond to of 53903
 
MB,
I am looking for a short term pop, thats about it. Then I will buy puts.
Good trading.

Chas, Historically, each of MU's myriad of anti-dumping charges have caused the stock
to pop for a day or so. Betting that investors might actually be smart this time around is
a mug's game for a short term trade. But the dumping benefit is always reversed, so
don't overstay your welcome in this dog. MB/



To: Knighty Tin who wrote (31510)4/1/1998 4:49:00 PM
From: Chas  Read Replies (2) | Respond to of 53903
 
MD,
I have been calling Mu and making money each time since the end of Feb with little credit from this forum. I am either a bear and the bulls dont like what I say or I make statements no one believes, but thats ok, I like to share ideas and its nice to put one out there if you think its of value. So to share my latest on my risky play-
Before the close I sold my 20 MUEY calls today and made 2.25 points, and bought MUQZ puts at the close.
I may have pulled the trigger too quickly on the puts, but like you said its a pop and who knows what will happen next. This dumping charge that will come out is what is triggering this price movement today.
David I hope you didnt get stung too bad on your puts.
Good trading,.batting 1000.