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.

Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?

To: javaNkrona who wrote (7241)	4/8/1998 10:44:00 AM
From: Herm	Respond to of 14162

Hi Java, I have been wondering when VVUS is going to put an end to the steady negative news and future earnings doubts. Management needs to pull an one or two aces out of the hole soon! Switching the earnings announcement from after the close to the next day during market hours would seem to suggest a possible news blitz on CNBC and the like. It better be positive. The markets are closed on Good Friday which makes for a real long weekend for fund managers and investors to either curse or cheer on VVUS on the following Monday opening! The options expiration on Friday, April 17, 1998 will make that trading week for VVUS deadly or a turbo price charge to $12 1/2 where there are more than 4,000+ Calls setting there in open interest. That would surely start a short selling panic if they exercised. You know, when the situation appears to be the worse of times, stocks can turn on the dime and go the other way. There is much too much negative feelings about VVUS right now! That's when a big surprise is most needed.