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Technology Stocks : Creative Labs (CREAF) -- Ignore unavailable to you. Want to Upgrade?


To: Brad Patton who wrote (12988)12/3/1998 4:43:00 PM
From: Gopher Broke  Read Replies (1) | Respond to of 13925
 
Not many options traded today.

About 150 call contracts traded, mostly of the Dec/Jan 15/17.5 strike prices. And 4 puts traded, with somebody going for the Jan 17.5 puts at the bargain price of 2.25. All I can say is I hope not!

Picked up 60 of the Dec 17.5 calls myself yesterday for 15/16. Ever the optimist. Gotta have some reason for biting those nails!

The way I reckon it, Creaf have plenty of cash to support the stock at $17 and it looks like that is what they are doing, picking up a few hundred K of float each day. That, combined with a bit of good news and imo we could see a pop to 19 or more. All it needs is that piece of good news that I am hoping the Creaf PR team are drafting at this very moment.