Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?

To: Herm who wrote (10170)	3/30/1999 4:59:00 PM
From: VincentTH	Read Replies (1) \| Respond to of 14162

Herm, Thank you and others for the lecture on how to place a limit order for call options. Now, please take a look at PLMD. The stock has outstanding fundamentals, a P/E of 11 and a growth rate of 40%. The stock is coming out of the recent low of $5 on no news. However, the shorts have been pounding on the stock. I have been watching, and has established a position today when the stock crossed the 50EMA (at 7.5), and bounced off the bottom-reversal of 7 1/4 established on 8/31/98. I appreciate your block numbers for PLMD. Do you see the stock going lower and fill the gap? I will sell the CCs on a short covering or on the next earning release in April, which may bring the stock back to the recent high of $9. Thanks In Advance, //V