SI
SI
discoversearch

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.
Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: R.E.B. who wrote (5604)1/7/1999 6:32:00 PM
From: Mr. Pink  Respond to of 18998
 
The problem with the "Scro" is that over 20 for 20 days warrants get exercised that result in mucho liquidity.

Mr. PInk



To: R.E.B. who wrote (5604)1/8/1999 1:44:00 AM
From: WebDrone  Read Replies (1) | Respond to of 18998
 
REB- you can see srcm threatening to break the upper strike-

When a stock breaks through the highest (or lowest) options strike, it's my theory that it really spikes (or dives, respectively)- based on observation, and some half-baked hedging theories of mine. If it fails to break or hold, it can drop in a hurry. Sydney or the bush!

I'm trying to work myself up to a straddle on SRCM using $20 as the middle... any thoughts? Company looks icky, but everyone knows!

Web



To: R.E.B. who wrote (5604)1/8/1999 8:58:00 AM
From: majormember  Read Replies (1) | Respond to of 18998
 
>that dog SRCM sure is hold up beyond my expectations.

R.E.B.,

It's amazing to me too. SRCM has had:

1. greater then expected earnings loss

2. Pru downgrade

These two items alone would normally tank the best of
stocks, what is keeping this dog up.....still wondering.

Skane