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Non-Tech : DJT (Trump Casino Hotel) -- Ignore unavailable to you. Want to Upgrade?

To: re3 who wrote (498)	1/16/1999 11:14:00 PM
From: zax	Read Replies (2) \| Respond to of 588

p.s. I bought 10 june 10 calls, now own 15, I figure 5/16 is a reasonable bet... I think there may still be a small but decreasing market for the opposite side of this transaction you took Maxx, due to The Motley Fool having an open short position on the stock, and publishing (even quite recently) what could only be described as disparaging remarks about the company. Thats why I'd encourage you and all other investors to play the stock side of DJT and not the option side when going long. Remember, Max, by playing strictly in the options you make it in favor of market makers who underwrote the opposite side of that transaction to keep the price at its current level. Fortunately, with the positive news continuing to come forward I cannot see these market makers keeping this one down for long. While your options look good, I think you should have added to the stock side of your position rather than increasing the option side. And with Trump trading at 4 1/4 off its high of 30, expanding his empire, posting positive earnings last quarter, and in a climate very hospitible towards debt refinance, I can only assume that anyone remaining short on this stock long is sure to feel some serious "ouch" soon. Regards, -- Eric