SI
SI
discoversearch

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 : Disk Drive Sector Discussion Forum -- Ignore unavailable to you. Want to Upgrade?


To: xamir who wrote (3586)6/10/1998 1:12:00 AM
From: LK2  Read Replies (1) | Respond to of 9256
 
I think Alex Taher has a definite point. Over 6000 WDC Jun 15 puts bought the same day that WDC announces, after the market close, major problems.

Whoever bought will have to justify their actions to the SEC (unless it was the market makers themselves, who bought. A market maker is apparently self-justified.). Even if the options were bought through Switzerland, Europe, wherever, I think the SEC will go after the buyers--for an explanation, at the very least.

If I ever get rich enough, I'd like to start buying through Switzerland. It adds class, but you no longer have the secrecy/protection you had back in the 1970's or earlier days.

Regards,

Larry