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


To: Ben Beale who wrote (13129)12/16/1998 5:44:00 PM
From: Gopher Broke  Read Replies (2) | Respond to of 13925
 
Glad you recouped something. The Dec 17.5 has been at a zero bid for a few days so I didn't:( Actually, while writing off all the cash is a pain, selling at a 50% loss and then missing a pop would have given me nightmares. Don't worry, I had a stack of 10 and 12.5 calls that I have been bleeding away over the last few days for a decent profit.

Maybe if I were you I would have held the Jan 17.5 until after Friday. You never know what the witches will do. There are still 120K Dec calls open which may provide some upward impetus on Friday. Also that is the last day for Creaf to buy back and they might just blow all their remaining cash allocation on the last day. I am fooling myself. Selling was probably the wisest thing for you to do.