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Technology Stocks : Jabil Circuit (JBL) -- Ignore unavailable to you. Want to Upgrade?


To: Finder who wrote (4120)6/16/1998 10:33:00 PM
From: jeffbas  Read Replies (1) | Respond to of 6317
 
Finder, you were the one pointing out the apparent buying of thousands of June put contracts creating immense short-selling pressure. They certainly did not cover much today since the point of the position was to profit from a poor earnings report. Is the logical conclusion that we have possibly several hundred thousand shares of artificial demand between tomorrow and Friday (as the puts are sold) added to whatever trading we would otherwise have had?