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.
Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT -- Ignore unavailable to you. Want to Upgrade?


To: Jim Parkinson who wrote (1403)6/30/1998 1:15:00 PM
From: donss  Read Replies (1) | Respond to of 29987
 
Jim,
I saw the 750 contracts and agree that someone is placing a big bet. However, is it possible that this is someone selling puts?
Just curious,
Don



To: Jim Parkinson who wrote (1403)7/2/1998 5:25:00 PM
From: Beefeater  Read Replies (2) | Respond to of 29987
 
It's possible that an owner of a large amount of stock is buying a hedge against further weakness, thereby protecting a profit, less the premium (cost) of the option. "Insurance."

Beefeater