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Biotech / Medical : Vivus: into single digits -- Ignore unavailable to you. Want to Upgrade?


To: MIKE DUBIS who wrote (559)6/12/1998 10:56:00 PM
From: AlienTech  Read Replies (1) | Respond to of 1016
 
>>Certainly wasn't on calls or puts...Spread is too wide and volume was too low and not enough movement in the stock<<

No I dont play short term options. This was on the stock. I did hit the buyers yesterday at 7 and bought back in at 6 13/16. Actually I dont care if the price is dropping as long as I can sell at the high and later get back in the same day a little lower.. I am still in it for the long term.. And I got some JUL 7 1/2's for 5/8.. hmmm see that in the print?? Not sure how they manage that, I guess they will sell you calls/puts in the spread or bid but cover it real fast so peopel dont think it can not be done, does not happen very often. I do remember I got 100 IFMX 10 calls once for 1/4 even though that was the bid and 1/2 was the ask. It did tank after that but then went to 12 so I sold 1/4 of them to break even and saw it tank again and expire worthless :)