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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?


To: Don Westermeyer who wrote (1659)7/17/1998 6:44:00 PM
From: Y2k_fan  Respond to of 4634
 
Tough to say, because many are surprised that this would happen in July right after earning release, few people wrote/buy calls.

I think that we can check back next week, the option volume should increase a lot.

If they tried hard to sell the 40900 shares, they will try harder to sell more.

By the way, I think that it bounced back also because some day traders wanted a quick profit and don't want to stay short over the weekends.