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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?


To: Sir Auric Goldfinger who wrote (481)10/22/1998 4:40:00 PM
From: Pancho Villa  Read Replies (2) | Respond to of 19428
 
Do you want some proof this market is nuts. Check UTEK (I am short) this POS had a tremendous decline in revenues, quarterly losses of $1.34/share and business is terrible. Yet it is up to 19 and barely moved today. I am staying short this and all my other dogs. This crazy environment should not last for long.

biz.yahoo.com



To: Sir Auric Goldfinger who wrote (481)10/22/1998 8:40:00 PM
From: RockyBalboa  Read Replies (1) | Respond to of 19428
 
How about PVN's?

Who is working it. Still, nice movements, making up a decent short, already.

biz.yahoo.com

"An investment bank was a huge seller of calls on Providian
Financial Corp. (NYSE:PVN - news) Wednesday, building on a previous short position in the options, a market maker at the Chicago Board Options Exchange said.
The firm this morning sold some 5,000 November 70 calls on Providian, a San Francisco-based provider of credit cards and other financial products whose stock has taken a wild ride in recent weeks."

Yes, a wild ride, we hope it sucks out a 33% to 50% retracement soon.

C.

Presently, I am holding a decent short positon on PVN with an improving average. Add at every $1 blurb, buy in at fast dives.