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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?


To: Herm who wrote (9364)1/6/1999 6:59:00 PM
From: Caroline  Respond to of 14162
 
Ok then, we're all in agreement.

Thanks all!



To: Herm who wrote (9364)1/7/1999 5:03:00 PM
From: Hubert Few  Read Replies (1) | Respond to of 14162
 
This post has to rate among one of the more fateful I have seen in a while!

You stated yesterday:

"I would say avoid SMTK! The price is under $5.00 so no margin is possible and the stock looks like a real bad dog!"

I'm assuming everyone knows the stock was halted and closed dramatically lower today due to "accounting issues????

IMO SMTK is headed for a fate worse than losing 50% of it's market cap.

I remember once "almost" buying SYQT a few years back at $8 a share....it seemed cheap. I was within minutes of placing the order when some news came out and the stock dropped $5 a share, made a believer out of me! Now the question is, with so many conflicting instincts....what *do* you act on sometime????

I dunno, I guess if it were easy we'd all be rolling in dough, eh?<g>

Best Wishes, nice call!