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.
Technology Stocks : VALENCE TECHNOLOGY (VLNC) -- Ignore unavailable to you. Want to Upgrade?

To: Rich Wolf who wrote (9379)3/15/1999 11:10:00 AM
From: Larry Brubaker  Respond to of 27311
 
Rich, so somebody took delivery of 86,900 shares over the last week.

Given the lack of interest in the stock over the last week, it appears the writer of the calls had the shares to deliver and is not in a big hurry to replace them.

Also, regarding your comment that Castle Creek would have to file a change in beneficial ownership if they hedged their position. I really doubt this. They did not have have to file a SC-13G to report their beneficial ownership of the preferred shares, so why would they have to report a change in the ownership that they didn't have to report in the first place?



To: Rich Wolf who wrote (9379)3/15/1999 11:14:00 AM
From: Zeev Hed  Read Replies (2) | Respond to of 27311
 
Rich, thanks for the data, that surely resolve the question and both FMK and Mooter's sources were indeed right about the need to deliver close to 100,000 shares. Now let see if the call writer is getting these in the market or from their inventory.

Zeev


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News