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To: StormRider who wrote (2475)11/10/1998 1:08:00 PM
From: PaperChase  Respond to of 3203
 
You should understand that the entire stock float of 4.4 million shares (net of officer holdings) is trading today. This means every available share was sold and bought, or market makers are tossing stock back and forth to paint the tape, or the same shares are trading over and over.

It is an absolute shame that put options are not available on this doggie.



To: StormRider who wrote (2475)11/10/1998 9:32:00 PM
From: Louis Riley  Read Replies (1) | Respond to of 3203
 
I did. Covered Friday at 10 7/8. You can ask anyone in #daytraders.

I actually caught 10 points of the squeeze on the long side today.