Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : OnSale Inc. -- Ignore unavailable to you. Want to Upgrade?

To: James H. Irwin who wrote (2708)	12/22/1998 3:28:00 PM
From: PJD	Read Replies (2) \| Respond to of 4903

What is your point ? Are you a daytrader ? if you are then you are part of the "problem" with this stock.....

To: James H. Irwin who wrote (2708)	12/23/1998 3:21:00 AM
From: Spaw	Read Replies (1) \| Respond to of 4903

JHI, You hit the nail right on the head. But I must say, this thing is truly sick & twisted. NEVER have I seen so many trades go off outside the spread. Seems like 80% of the fills are outside the b/a. Nutty. Just nutty. I have a feeling that a big contributor to the nuttiness is the option market underneath this thing. Think about those guys selling 90 calls at the money for $25 during the Turkey day mania. Those guys made the real bank. I believe arbitrage has a lot to do with the motion in ONSL. Any stock with an active option market gets some jacking around from larger traders playing the option shuffle. Big time poker... very dangerous game. Very lucrative game. Big money to be made buying out of the money calls when the stock is quiet. Easy money. --spaw--