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

To: WebDrone who wrote (5627)	1/8/1999 9:37:00 AM
From: R.E.B.	Respond to of 18998

My "fear" about SRCM is what management will do to get the stock to $20 for 20 days to trigger the options which in turn will bring money into the company; liquidity as MP points out. SRCM needs money even more than they need a new product. They desperately need the liquidity that the options exercise would bring. I noticed that MP no longer lists SRCM as a shorted stock in his profile. As far as your straddle strategy, I think you stand a good chance at making money both ways eventually except that $20 put may be overpriced, I prefer the next strike out of the money; $17.5 put / $20 call.