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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?

To: MileHigh who wrote (8293)10/8/1998 11:28:00 PM
From: Gary Wisdom  Respond to of 93625
 
No, I'm not joking. How'd you like to have someone recommend shorting a stock that goes against you $20 in one day? Trust me, the market makers read briefing.com.



To: MileHigh who wrote (8293)10/9/1998 12:05:00 AM
From: Gary Wisdom  Read Replies (1) | Respond to of 93625
 
VERY INTERESTING NEWS ON RAMBUS

Today, 620 of the October 50 calls traded. That is big in itself. Especially with 6 days left.

However, 375 of those traded in one block when the stock was much lower. It was actually $50 at the time of the trade.

The trade went off at $4.25.

Now, for you naysayers, that's a $160K purchase of out of the money calls with 6 days left.

That's a professional knowing something.

That's all I wanted to say about it.


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