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To: Broken_Clock who wrote (386)5/21/1998 8:10:00 PM
From: Thean  Read Replies (1) | Respond to of 14427
 
Papaya, I just checked IQC - could not get intraday, could not get daily chart. You are talking about the free site right? If you are successful, mind place the link here?

Nuc - I don't use the BigChart. Still prefer IQC. Therefore I have no clue if the BigChart ever gone out to begin with.

SEV - supported strongly at $23. I was wrong about the late afternoon surge that never came. News will not be out till next week so I guess those who doubt about the find or concern about possible mechanical failure between now and then bailed today. The safest play is to buy the stock and immediately sell the June 22.5 call (more than 10% premium) based on 20 being the strong support and want to be called in four weeks.



To: Broken_Clock who wrote (386)5/21/1998 8:44:00 PM
From: Thean  Read Replies (2) | Respond to of 14427
 
Papaya, Steve, anyone interested in big fat call premium:

SEV's June 22.5 call premium is >12% with four weeks to go.

webbindustries.com

Check out the June 25 call and June 30 call. Just look at the today's volume and open interest. Any unbeliever here as to whether they have found oil in their latest well? Someone is betting their own oil field in SEV SHORT term.

Did anyone catch CNBC's report of a once driller trying to acquire ECIT? I think the only hope for the drillers short term is for an internet company to do a reverse piece on them. Why not? Those surge engines are energy monger and buying a driller would integrate the business at the vertical base - the source of energy.