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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: Muhney who wrote (3551)	10/6/1998 12:18:00 AM
From: Larry Abrams	Respond to of 18998

Any thoughts on impact of closing out all the in the money Oct puts on FP?

To: Muhney who wrote (3551)	10/6/1998 4:03:00 AM
From: RockyBalboa	Read Replies (1) \| Respond to of 18998

Muh, It prooves even more unbiased and therefore justified by the general sentiment towards a particular stock if such a drop applies to a liquid stock like FP. It was more doubtful with a phoney stock having some 100k's of free float where you really can influence the price with a few people on hand. Only the small float case is dangerous and for unscrupulous thugs leading sheeps into an outright short squeeze where they could fall over each in a covering race. By contrast, Mr. Pink has not brought crap to us but quite large plays where one can jump on with both feet, doing reasonable sizes. By the many different opportunities FP could be played with the lack of any substantial support in the chart and possible short squeeze, except for the small overall bull situation mid-Sept, it was one of the most nonvolatile safe dives I have seen. And if you could read through the postings, Mr.P brought it up timely enough to take part, after the initial gradual dive phase was completed. As for Mr. Pink, posting it three times is necessary, otherwise a stock could get out of one's scope, as one is flooded with information nowadays. Yet it attracted me to make use of the second entry point after it recovered to the low 20ies short, only to break away even faster. I hope you got the point. Usually I am devoted to do my own DD and in market action and not to yell across message boards. Sheeps don't do any DD usually, do they? C.