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Technology Stocks : Newbridge Networks -- Ignore unavailable to you. Want to Upgrade?


To: larry pollock who wrote (5151)6/13/1998 9:40:00 PM
From: vin kirplani  Respond to of 18016
 
Looking at June 9, option activity was extremely heavy on the June 30 calls. We are currently at 22.50, is this manipulation? I truly believe the price we see today is in fact due to the heavy buying of June 30 calls, some big boys are making sure we don't see 30 by June 19 [options expirations]+quarterly expirations, triple witching. There is absolutely no reason for NN to be down so low, we are now lower than we were when NN was off last quarters earnings. This is getting ridiculous! I see NN flying after options day, we should see NN take off by the 22nd and beyond! This is one HELL of a BUY on NN.