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.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Candle stick who wrote (3570)	4/28/1998 4:02:00 PM
From: Jan Crawley	Read Replies (1) \| Respond to of 164684

I just bought one more put. Hardly have the stomach, but this stock is "WOW"! Hopefully this turns out to be a good learning/profitable experience for me. :))

To: Candle stick who wrote (3570)	4/28/1998 4:27:00 PM
From: hal jordan	Respond to of 164684

>At this point I would recommend purchasing puts, perhaps octobers and forget about shorting......the squeezes are huge (like today) and put options will let you sleep better.....;^)< That is exactly what I have been doing. Except the premies are outrageous. Does anyone think this stock has a chance in the world of succeeding? It defies rational investing, yet the momentum is too strong to counter right now. My strategy is to buy puts that are so far out of the money that it costs around a buck apiece, but could explode in price if the stock nosedives 30 or 40 points during the period. I did great with Lycos puts, and sold them this morning for a 600% profit. I figure if they have bad earnings, but beat analyst estimates for losses, they will shoot up on May 1. Anyone think a straddle on LCOS is a good play? I guess if YHOO were to announce a 4-1 split, it would shoot to 200 overnight! Hal