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Strategies & Market Trends : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?


To: VALUESPEC who wrote (6073)4/17/1998 1:27:00 AM
From: LzzrdKing  Read Replies (1) | Respond to of 7396
 
<<Bought CD back, plus some, around $ 19.50. This could be a huge winner.
I may buy a whole lot of Calls, especially if it goes any lower.

VALUESPEC>>

Why do you think this would be a huge winner. Personally I wouldn't touch it. There will be enormous selling pressure on it, and I bet it drifts lower. Most disasters do. I read a lot about CD on the web tonight. The CD story is ugly.