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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: BarbaraT who wrote (14488)2/25/1999 12:57:00 PM
From: thumbelina  Read Replies (1) | Respond to of 122087
 
CYOE- did you buy March puts? You still have almost a month - a lot can happen in that time. Try and get your money back when it has a down day - and it will sooner or later - hopefully before your options expire. Good luck.



To: BarbaraT who wrote (14488)2/25/1999 1:01:00 PM
From: Mama Bear  Respond to of 122087
 
"Is it possible for a stock to have a mind of its own"

I had to put CIEN on my restricted list because it never did what I told it to do. <g> I take it you have March puts? Don't give up on them yet.

I have been here before with other little pump'n'dump stocks. For some reason they'll sit at 5 for weeks. I think it's got to do with the fact that the short maintenance requirement jumps when the stock falls below 5, so a lot of shorts cover and move to stocks with lower maintenance requirements. But that's just speculation on my part.

Barb