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Biotech / Medical : PFE (Pfizer) How high will it go? -- Ignore unavailable to you. Want to Upgrade?


To: YORE who wrote (5032)8/19/1998 9:36:00 PM
From: Anthony Wong  Respond to of 9523
 
Yore, Citibank issues 5 mln call warrants and 5 mln put warrants on Pfizer, so I guess they are neither bullish nor bearish and are just acting as market maker. To me this indicates there is a lot of interest in PFE warrants.

quote.bloomberg.com

quote.bloomberg.com



To: YORE who wrote (5032)8/19/1998 9:37:00 PM
From: flickerful  Read Replies (1) | Respond to of 9523
 
anthony....yore.

i agree about the reining in of estimates to be the preferred
course of "error", thus enabling more easily upside surprises.
also,
the viagra media circus has,
at least for now,
moved from the big top to the side show,
and yes, it is an improvement.

as to the put activity, zurdo would know much more....
i am not sophisticated enough to decipher such trading schemes
beyond the most rudimentary understanding...friday is expiry,
as BK has below just noted;
i guess we can be reasonably sure we won't see north of 120, yes?

hha...see what i mean, yore.
but i didn't want you to feel ignored....after all.

regards,
randy